Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,010 | 56,996 | −8,986 | 110.1 | 40% |
| 2012 | 54,022 | 46,590 | 7,432 | 133.2 | 43% |
| 2013 | 54,074 | 49,670 | 4,404 | 126.0 | 40% |
| 2014 | 49,814 | 52,511 | −2,697 | 118.6 | 35% |
| 2015 | 50,102 | 48,794 | 1,308 | 126.6 | 36% |
| 2016 | 56,553 | 47,253 | 9,300 | 133.1 | 38% |
| 2017 | 41,043 | 47,322 | −6,279 | 130.9 | 36% |
| 2018 | 52,298 | 49,586 | 2,712 | 125.5 | 30% |
| 2019 | 36,987 | 43,184 | −6,197 | 143.7 | 34% |
| 2020 | 32,067 | 36,548 | −4,481 | 168.3 | 33% |
| 2021 | 48,428 | 40,618 | 7,810 | 153.7 | 35% |
| 2022 | 72,771 | 55,580 | 17,191 | 116.1 | 37% |
| 2023 | 63,675 | 61,575 | 2,100 | 107.7 | 37% |
| 2024 | 68,995 | 77,182 | −8,187 | 84.7 | 31% |
In its most recent public year (2024), this organization spent $8,187 more than it brought in. Its reserves stood at about 84.7 months of spending, down from 110.1 in 2011. Staff pay was 31% 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 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