Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 93,608 | 92,549 | 1,059 | 5.6 | — |
| 2013 | 87,756 | 85,319 | 2,437 | 6.4 | — |
| 2014 | 101,039 | 97,814 | 3,225 | 6.0 | — |
| 2015 | 89,387 | 90,869 | −1,482 | 4.8 | — |
| 2016 | 68,479 | 71,628 | −3,149 | 5.5 | — |
| 2017 | 75,637 | 68,210 | 7,427 | 7.1 | — |
| 2018 | 71,001 | 66,836 | 4,165 | 8.0 | — |
| 2019 | 73,611 | 72,276 | 1,335 | 7.6 | — |
| 2020 | 75,601 | 67,796 | 7,805 | 9.5 | — |
| 2021 | 101,343 | 59,622 | 41,721 | 19.2 | — |
| 2022 | 76,605 | 71,426 | 5,179 | 16.9 | — |
| 2023 | 76,967 | 73,911 | 3,056 | 16.8 | — |
| 2024 | 54,096 | 60,293 | −6,197 | 19.4 | — |
In its most recent public year (2024), this organization spent $6,197 more than it brought in. Its reserves stood at about 19.4 months of spending, up from 5.6 in 2012.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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