Veterans Of Foreign Wars Department Of Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,722 | 57,121 | 12,601 | 286.3 | 0% |
| 2021 | 60,585 | 64,467 | −3,882 | 251.2 | 0% |
| 2022 | −28,058 | 52,313 | −80,371 | 268.2 | 0% |
| 2023 | 58,167 | 61,314 | −3,147 | 232.6 | 0% |
In its most recent public year (2023), this organization spent $3,147 more than it brought in. Its reserves stood at about 232.6 months of spending, down from 286.3 in 2020. 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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