Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,216 | 48,098 | 14,118 | 76.1 | 36% |
| 2012 | 54,065 | 54,889 | −824 | 66.5 | 31% |
| 2013 | 38,658 | 54,384 | −15,726 | 63.6 | — |
| 2014 | 40,466 | 48,099 | −7,633 | 72.0 | — |
| 2015 | 33,318 | 46,227 | −12,909 | 71.5 | — |
| 2016 | 38,475 | 50,580 | −12,105 | 74.9 | — |
| 2017 | 42,995 | 48,408 | −5,413 | 76.9 | — |
| 2018 | 51,088 | 53,575 | −2,487 | 68.9 | — |
| 2019 | 37,757 | 27,032 | 10,725 | 141.4 | — |
| 2020 | 156,866 | 13,753 | 143,113 | 156.5 | — |
| 2021 | 31,259 | 22,039 | 9,220 | 102.7 | — |
| 2022 | 44,956 | 87,649 | −42,693 | 20.0 | — |
| 2023 | 37,587 | 14,773 | 22,814 | 137.1 | — |
In its most recent public year (2023), this organization brought in $22,814 more than it spent. Its reserves stood at about 137.1 months of spending, up from 76.1 in 2011.
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