Veterans Of Foreign Wars Dept Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 224,209 | 225,168 | −959 | 27.7 | 54% |
| 2012 | 236,745 | 237,611 | −866 | 26.2 | 53% |
| 2013 | 223,753 | 234,238 | −10,485 | 26.1 | 54% |
| 2014 | 276,584 | 248,418 | 28,166 | 26.0 | 55% |
| 2015 | 318,951 | 272,857 | 46,094 | 25.7 | 57% |
| 2016 | 386,964 | 255,274 | 131,690 | 33.6 | 66% |
| 2017 | 392,048 | 340,104 | 51,944 | 27.1 | 51% |
| 2018 | 362,310 | 329,985 | 32,325 | 29.1 | 56% |
| 2019 | 406,454 | 348,075 | 58,379 | 29.6 | 57% |
| 2020 | 248,663 | 236,437 | 12,226 | 44.2 | 57% |
| 2021 | 612,079 | 355,896 | 256,183 | 38.0 | 61% |
| 2022 | 459,667 | 475,494 | −15,827 | 28.0 | 58% |
| 2023 | 616,472 | 537,992 | 78,480 | 26.5 | 64% |
In its most recent public year (2023), this organization brought in $78,480 more than it spent. Its reserves stood at about 26.5 months of spending, down from 27.7 in 2011. Staff pay was 64% 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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