Veterans Of Foreign Wars Department Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 806,771 | 803,384 | 3,387 | 7.8 | 15% |
| 2012 | 382,818 | 381,450 | 1,368 | 16.4 | 31% |
| 2013 | 385,484 | 388,498 | −3,014 | 16.0 | 29% |
| 2014 | 412,702 | 399,817 | 12,885 | 15.9 | 36% |
| 2015 | 451,617 | 378,326 | 73,291 | 19.2 | 47% |
| 2016 | 303,815 | 303,607 | 208 | 23.9 | 62% |
| 2017 | 355,372 | 332,307 | 23,065 | 22.6 | 61% |
| 2018 | 303,237 | 315,085 | −11,848 | 23.4 | 57% |
| 2019 | 308,789 | 286,634 | 22,155 | 26.7 | 63% |
| 2020 | 79,982 | 196,454 | −116,472 | 31.8 | 52% |
| 2021 | 376,014 | 242,759 | 133,255 | 32.3 | 53% |
| 2022 | 373,736 | 254,212 | 119,524 | 36.5 | 62% |
| 2023 | 370,358 | 280,389 | 89,969 | 37.0 | 60% |
In its most recent public year (2023), this organization brought in $89,969 more than it spent. Its reserves stood at about 37 months of spending, up from 7.8 in 2011. Staff pay was 60% 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
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