Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 82,315 | 79,033 | 3,282 | 4.4 | 50% |
| 2013 | 141,725 | 143,765 | −2,040 | 2.3 | 33% |
| 2014 | 93,420 | 107,039 | −13,619 | 3.8 | 22% |
| 2015 | 157,258 | 166,051 | −8,793 | 1.6 | 24% |
| 2016 | 166,071 | 159,514 | 6,557 | 2.8 | 28% |
| 2017 | 159,907 | 168,071 | −8,164 | 2.6 | 30% |
| 2018 | 154,731 | 160,663 | −5,932 | 3.2 | 30% |
| 2019 | 161,799 | 153,562 | 8,237 | 4.3 | 26% |
| 2020 | 132,736 | 136,137 | −3,401 | 4.0 | 23% |
| 2021 | 156,262 | 143,969 | 12,293 | 3.7 | 24% |
| 2022 | 184,715 | 179,995 | 4,720 | 3.8 | 24% |
| 2023 | 183,914 | 172,961 | 10,953 | 4.6 | 26% |
| 2024 | 205,726 | 192,549 | 13,177 | 5.4 | 25% |
In its most recent public year (2024), this organization brought in $13,177 more than it spent. Its reserves stood at about 5.4 months of spending. Staff pay was 25% 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 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
Veterans Of Foreign Wars Dept Of Michigan's IRS filings as a feed — one entry per filing year, through 2024. 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