Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,629 | 163,484 | −14,855 | 2.8 | 38% |
| 2012 | 146,254 | 152,711 | −6,457 | 2.4 | 41% |
| 2013 | 153,747 | 155,257 | −1,510 | 2.3 | 39% |
| 2014 | 164,772 | 150,011 | 14,761 | 4.0 | 36% |
| 2015 | 155,640 | 149,198 | 6,442 | 4.5 | 36% |
| 2016 | 191,516 | 184,630 | 6,886 | 4.1 | 30% |
| 2017 | 158,868 | 143,395 | 15,473 | 6.5 | 39% |
| 2018 | 166,609 | 164,221 | 2,388 | 5.9 | 34% |
| 2019 | 165,229 | 171,164 | −5,935 | 5.2 | 32% |
| 2020 | 113,582 | 105,291 | 8,291 | 9.5 | 27% |
| 2021 | 156,097 | 135,111 | 20,986 | 9.2 | 30% |
| 2022 | 193,396 | 166,043 | 27,353 | 9.5 | 30% |
| 2023 | 201,408 | 192,997 | 8,411 | 8.7 | 24% |
In its most recent public year (2023), this organization brought in $8,411 more than it spent. Its reserves stood at about 8.7 months of spending, up from 2.8 in 2011. Staff pay was 24% 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