Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 29,290 | 28,090 | 1,200 | 123.4 | — |
| 2014 | 26,481 | 23,724 | 2,757 | 147.6 | — |
| 2015 | 30,871 | 32,605 | −1,734 | 108.1 | — |
| 2016 | 45,189 | 55,355 | −10,166 | 65.2 | — |
| 2017 | 50,241 | 48,449 | 1,792 | 75.4 | — |
| 2018 | 43,056 | 34,381 | 8,675 | 106.7 | — |
| 2019 | 79,908 | 95,072 | −15,164 | 38.8 | — |
| 2020 | 88,089 | 91,627 | −3,538 | 39.7 | — |
| 2021 | 115,671 | 78,370 | 37,301 | 48.7 | — |
| 2022 | 94,888 | 97,226 | −2,338 | 40.4 | — |
| 2023 | 115,803 | 133,591 | −17,788 | 27.8 | 55% |
In its most recent public year (2023), this organization spent $17,788 more than it brought in. Its reserves stood at about 27.8 months of spending, down from 123.4 in 2013. Staff pay was 55% 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