Veterans Of Foreign Wars Department Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 125,139 | 109,790 | 15,349 | 24.8 | 57% |
| 2021 | 162,825 | 118,104 | 44,721 | 27.6 | 53% |
| 2022 | 130,877 | 142,364 | −11,487 | 21.9 | 61% |
| 2023 | 144,214 | 151,192 | −6,978 | 20.1 | 61% |
In its most recent public year (2023), this organization spent $6,978 more than it brought in. Its reserves stood at about 20.1 months of spending, down from 24.8 in 2020. 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 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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