Operating record

Veterans Inc

Worcester, MA · EIN 04-3098024 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$12,658,312$11,714,651$943,66110.651%
2021$18,421,251$16,015,492$2,405,7599.648%
2022$21,842,562$17,382,675$4,459,88711.950%
2023$23,466,512$21,066,173$2,400,33911.349%

In its most recent public year (2023), this organization brought in $2,400,339 more than it spent. Its reserves stood at about 11.3 months of spending. Staff pay was 49% of spending. $403,500 of its net assets are donor-restricted.

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 ↗