Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 212,716 | 235,968 | −23,252 | 11.8 | 9% |
| 2012 | 291,704 | 284,958 | 6,746 | 9.5 | 11% |
| 2013 | 411,901 | 392,278 | 19,623 | 7.5 | 8% |
| 2014 | 370,055 | 428,402 | −58,347 | 5.2 | 8% |
| 2015 | 378,832 | 383,346 | −4,514 | 5.7 | 8% |
| 2016 | 458,264 | 438,353 | 19,911 | 5.5 | 8% |
| 2017 | 500,704 | 454,539 | 46,165 | 6.4 | 7% |
| 2018 | 437,967 | 423,624 | 14,343 | 6.6 | 9% |
| 2019 | 225,716 | 184,895 | 40,821 | 17.8 | 20% |
| 2020 | 176,897 | 179,992 | −3,095 | 18.1 | 13% |
| 2021 | 63,893 | 141,903 | −78,010 | 20.2 | 20% |
| 2022 | 184,420 | 179,265 | 5,155 | 16.3 | 18% |
| 2023 | 202,459 | 186,103 | 16,356 | 16.8 | 19% |
In its most recent public year (2023), this organization brought in $16,356 more than it spent. Its reserves stood at about 16.8 months of spending, up from 11.8 in 2011. Staff pay was 19% 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