Veterans Of Foreign Wars Department Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 220,770 | 217,798 | 2,972 | 17.1 | 39% |
| 2011 | 197,427 | 195,160 | 2,267 | 19.2 | 45% |
| 2012 | 230,175 | 184,341 | 45,834 | 23.3 | 49% |
| 2013 | 303,002 | 215,711 | 87,291 | 24.8 | 45% |
| 2014 | 236,451 | 211,166 | 25,285 | 26.7 | 49% |
| 2015 | 237,174 | 224,790 | 12,384 | 26.0 | 47% |
| 2016 | 288,219 | 234,660 | 53,559 | 27.8 | 48% |
| 2017 | 253,571 | 260,989 | −7,418 | 24.7 | 46% |
| 2018 | 290,246 | 258,428 | 31,818 | 26.4 | 52% |
| 2019 | 349,669 | 305,277 | 44,392 | 24.1 | 45% |
| 2020 | 170,247 | 243,212 | −72,965 | 26.7 | 47% |
| 2021 | 449,846 | 286,338 | 163,508 | 29.5 | 51% |
| 2022 | 312,626 | 318,067 | −5,441 | 26.4 | 52% |
| 2023 | 348,710 | 331,721 | 16,989 | 25.9 | 56% |
In its most recent public year (2023), this organization brought in $16,989 more than it spent. Its reserves stood at about 25.9 months of spending, up from 17.1 in 2010. Staff pay was 56% 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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