Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 158,555 | 132,213 | 26,342 | 22.7 | 51% |
| 2013 | 109,116 | 144,707 | −35,591 | 17.8 | 49% |
| 2015 | 99,532 | 137,883 | −38,351 | 14.9 | 51% |
| 2016 | 123,650 | 132,049 | −8,399 | 13.8 | 56% |
| 2017 | 125,919 | 203,233 | −77,314 | 5.2 | 38% |
| 2018 | 122,136 | 123,953 | −1,817 | 15.5 | 65% |
| 2021 | 100,055 | 106,479 | −6,424 | 19.3 | — |
| 2022 | 95,505 | 111,424 | −15,919 | 14.4 | — |
| 2023 | 113,459 | 127,914 | −14,455 | 11.2 | — |
| 2024 | 101,782 | 99,204 | 2,578 | 14.7 | — |
In its most recent public year (2024), this organization brought in $2,578 more than it spent. Its reserves stood at about 14.7 months of spending, down from 22.7 in 2012.
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 2024. 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 2024. 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