Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 16,000 | 17,762 | −1,762 | 92.6 | — |
| 2010 | 10,187 | 13,600 | −3,413 | 117.9 | — |
| 2011 | 20,793 | 12,149 | 8,644 | 141.5 | — |
| 2012 | 64,186 | 46,290 | 17,896 | 41.8 | — |
| 2013 | 81,483 | 57,438 | 24,045 | 38.7 | — |
| 2014 | 71,516 | 61,490 | 10,026 | 38.1 | — |
| 2015 | 76,456 | 73,877 | 2,579 | 32.1 | — |
| 2016 | 78,789 | 77,135 | 1,654 | 32.1 | — |
| 2017 | 65,855 | 67,604 | −1,749 | 36.3 | — |
| 2018 | 76,368 | 68,156 | 8,212 | 37.5 | — |
| 2019 | 85,144 | 79,281 | 5,863 | 33.1 | — |
| 2020 | 45,712 | 44,136 | 1,576 | 59.9 | — |
| 2021 | 66,469 | 51,627 | 14,842 | 137.4 | 35% |
| 2022 | 86,027 | 73,271 | 12,756 | 98.9 | 36% |
| 2023 | 81,957 | 93,674 | −11,717 | 75.9 | 31% |
In its most recent public year (2023), this organization spent $11,717 more than it brought in. Its reserves stood at about 75.9 months of spending, down from 92.6 in 2009. 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 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