Veterans Of Foreign Wars Dept Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 28,927 | 23,210 | 5,717 | 13.0 | 0% |
| 2013 | 68,284 | 65,769 | 2,515 | 4.0 | 67% |
| 2014 | 116,711 | 80,438 | 36,273 | 5.1 | 55% |
| 2015 | 100,122 | 87,401 | 12,721 | 6.5 | 54% |
| 2016 | 117,727 | 97,486 | 20,241 | 8.3 | 47% |
| 2017 | 92,086 | 85,362 | 6,724 | 7.7 | 52% |
| 2018 | 98,425 | 88,747 | 9,678 | 8.7 | 49% |
| 2019 | 140,396 | 89,193 | 51,203 | 15.5 | 55% |
| 2020 | 78,616 | 75,555 | 3,061 | 18.8 | 46% |
| 2021 | 222,383 | 87,268 | 135,115 | 34.9 | 66% |
| 2022 | 155,964 | 199,993 | −44,029 | 12.8 | 43% |
| 2023 | 285,326 | 250,862 | 34,464 | 11.9 | 55% |
| 2024 | 472,433 | 318,475 | 153,958 | 15.1 | 61% |
In its most recent public year (2024), this organization brought in $153,958 more than it spent. Its reserves stood at about 15.1 months of spending, up from 13 in 2012. Staff pay was 61% 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
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