Veterans Of Foreign Wars Dept Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 332,588 | 294,973 | 37,615 | 43.4 | 1% |
| 2020 | 103,368 | 262,498 | −159,130 | 41.4 | 1% |
| 2021 | 423,085 | 220,945 | 202,140 | 60.2 | 1% |
| 2022 | 672,720 | 293,981 | 378,739 | 60.7 | 1% |
| 2023 | 756,544 | 342,864 | 413,680 | 66.5 | 1% |
In its most recent public year (2023), this organization brought in $413,680 more than it spent. Its reserves stood at about 66.5 months of spending, up from 43.4 in 2019. Staff pay was 1% 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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