Veterans Of Foreign Wars Department Of Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 161,824 | 164,393 | −2,569 | 14.1 | 47% |
| 2020 | 44,632 | 59,303 | −14,671 | 35.7 | 30% |
| 2021 | 92,908 | 98,986 | −6,078 | 24.8 | 43% |
| 2022 | 178,392 | 170,138 | 8,254 | 14.6 | 54% |
| 2023 | 175,636 | 187,176 | −11,540 | 13.1 | 54% |
In its most recent public year (2023), this organization spent $11,540 more than it brought in. Its reserves stood at about 13.1 months of spending. Staff pay was 54% 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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