Veterans Of Foreign Wars Department Of Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 204,162 | 114,448 | 89,714 | 11.1 | 14% |
| 2020 | 10,548 | 65,904 | −55,356 | 9.3 | 6% |
| 2021 | 54,844 | 53,849 | 995 | 11.6 | 0% |
| 2022 | 137,916 | 81,097 | 56,819 | 16.1 | 0% |
| 2023 | 92,641 | 73,652 | 18,989 | 20.8 | 0% |
In its most recent public year (2023), this organization brought in $18,989 more than it spent. Its reserves stood at about 20.8 months of spending, up from 11.1 in 2019. Staff pay was 0% 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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