Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 67,009 | 64,266 | 2,743 | 53.1 | — |
| 2013 | 74,578 | 69,161 | 5,417 | 50.3 | — |
| 2014 | 72,184 | 70,586 | 1,598 | 49.6 | — |
| 2015 | 72,486 | 77,674 | −5,188 | 44.3 | — |
| 2016 | 67,687 | 70,551 | −2,864 | 48.2 | — |
| 2017 | 57,709 | 57,989 | −280 | 58.6 | — |
| 2018 | 70,206 | 60,225 | 9,981 | 58.4 | — |
| 2019 | 71,923 | 54,310 | 17,613 | 68.7 | — |
| 2020 | 68,444 | 49,496 | 18,948 | 80.0 | — |
| 2021 | 64,959 | 46,341 | 18,618 | 90.2 | — |
| 2022 | 76,221 | 62,055 | 14,166 | 70.1 | — |
| 2023 | 94,921 | 78,883 | 16,038 | 57.6 | 30% |
In its most recent public year (2023), this organization brought in $16,038 more than it spent. Its reserves stood at about 57.6 months of spending, up from 53.1 in 2012. Staff pay was 30% 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