Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,450 | 186,222 | −17,772 | 14.7 | 34% |
| 2012 | 167,485 | 170,628 | −3,143 | 15.8 | 35% |
| 2013 | 202,066 | 176,240 | 25,826 | 17.1 | 35% |
| 2014 | 247,393 | 226,831 | 20,562 | 14.4 | 25% |
| 2015 | 251,447 | 229,186 | 22,261 | 15.4 | 27% |
| 2016 | 264,095 | 231,265 | 32,830 | 15.3 | 24% |
| 2017 | 268,941 | 206,210 | 62,731 | 17.1 | 21% |
| 2018 | 148,098 | 193,184 | −45,086 | 15.5 | 26% |
| 2019 | 145,217 | 149,644 | −4,427 | 19.7 | 38% |
| 2020 | 663,321 | 630,838 | 32,483 | 5.3 | 7% |
| 2021 | 332,605 | 320,205 | 12,400 | 10.9 | 13% |
| 2022 | 533,337 | 261,745 | 271,592 | 25.7 | 25% |
| 2023 | 425,929 | 413,729 | 12,200 | 10.6 | 13% |
In its most recent public year (2023), this organization brought in $12,200 more than it spent. Its reserves stood at about 10.6 months of spending, down from 14.7 in 2011. Staff pay was 13% of spending.
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 2023. 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
Veterans Of Foreign Wars Dept Of Michigan's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works