Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 86,192 | 84,730 | 1,462 | 35.7 | 23% |
| 2013 | 112,897 | 91,754 | 21,143 | 35.8 | 18% |
| 2014 | 88,639 | 70,696 | 17,943 | 49.4 | 20% |
| 2015 | 69,876 | 76,688 | −6,812 | 44.5 | 18% |
| 2017 | 87,045 | 85,435 | 1,610 | 41.4 | 23% |
| 2018 | 76,552 | 79,089 | −2,537 | 44.3 | 19% |
| 2019 | 76,432 | 68,497 | 7,935 | 52.5 | 12% |
| 2020 | 52,088 | 62,168 | −10,080 | 55.9 | 9% |
| 2021 | 40,420 | 52,847 | −12,427 | 63.0 | 12% |
| 2022 | 50,957 | 62,394 | −11,437 | 51.1 | 16% |
| 2023 | 70,723 | 69,553 | 1,170 | 46.1 | 13% |
In its most recent public year (2023), this organization brought in $1,170 more than it spent. Its reserves stood at about 46.1 months of spending, up from 35.7 in 2012. 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