Veterans Of Foreign Wars Dept Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 85,519 | 101,545 | −16,026 | 3.2 | 51% |
| 2021 | 133,530 | 123,828 | 9,702 | 3.6 | 47% |
| 2022 | 152,801 | 148,449 | 4,352 | 3.3 | 49% |
| 2023 | 192,688 | 156,630 | 36,058 | 5.9 | 50% |
In its most recent public year (2023), this organization brought in $36,058 more than it spent. Its reserves stood at about 5.9 months of spending, up from 3.2 in 2020. Staff pay was 50% 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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