Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 132,551 | 133,220 | −669 | 15.4 | 53% |
| 2012 | 158,853 | 140,234 | 18,619 | 16.2 | 59% |
| 2013 | 155,392 | 140,031 | 15,361 | 17.5 | 57% |
| 2014 | 138,057 | 142,589 | −4,532 | 16.8 | 59% |
| 2015 | 133,999 | 135,442 | −1,443 | 17.6 | 60% |
| 2016 | 148,428 | 136,774 | 11,654 | 18.4 | 60% |
| 2017 | 138,098 | 139,843 | −1,745 | 17.9 | 59% |
| 2018 | 134,393 | 143,136 | −8,743 | 16.7 | 55% |
| 2019 | 98,760 | 116,185 | −17,425 | 18.8 | 55% |
| 2020 | 91,529 | 71,740 | 19,789 | 33.8 | — |
| 2021 | 89,693 | 99,233 | −9,540 | 23.3 | 55% |
| 2022 | 73,039 | 99,264 | −26,225 | 20.1 | 58% |
| 2023 | 67,821 | 76,270 | −8,449 | 26.3 | 56% |
In its most recent public year (2023), this organization spent $8,449 more than it brought in. Its reserves stood at about 26.3 months of spending, up from 15.4 in 2011. Staff pay was 56% 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