Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 143,353 | 160,397 | −17,044 | 12.7 | 28% |
| 2012 | 150,070 | 149,569 | 501 | 13.6 | 31% |
| 2013 | 159,606 | 153,548 | 6,058 | 13.7 | 30% |
| 2014 | 172,048 | 159,507 | 12,541 | 14.0 | 35% |
| 2015 | 161,461 | 155,172 | 6,289 | 14.6 | 36% |
| 2016 | 167,372 | 161,077 | 6,295 | 14.5 | 36% |
| 2017 | 139,991 | 141,843 | −1,852 | 16.4 | 36% |
| 2018 | 145,319 | 133,432 | 11,887 | 18.5 | 36% |
| 2019 | 275,874 | 153,540 | 122,334 | 25.8 | 30% |
| 2020 | 122,889 | 103,078 | 19,811 | 40.9 | 21% |
| 2021 | 124,579 | 129,544 | −4,965 | 32.1 | 32% |
| 2022 | 155,529 | 149,994 | 5,535 | 27.5 | 32% |
| 2023 | 174,085 | 160,540 | 13,545 | 27.1 | 30% |
In its most recent public year (2023), this organization brought in $13,545 more than it spent. Its reserves stood at about 27.1 months of spending, up from 12.7 in 2011. Staff pay was 30% 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