Veterans Legal Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 890,259 | 793,818 | 96,441 | 38.7 | 64% |
| 2021 | 1,108,269 | 1,008,506 | 99,763 | 31.5 | 66% |
| 2022 | 1,454,270 | 1,122,506 | 331,764 | 30.7 | 70% |
| 2023 | 1,552,409 | 1,270,126 | 282,283 | 29.4 | 66% |
In its most recent public year (2023), this organization brought in $282,283 more than it spent. Its reserves stood at about 29.4 months of spending, down from 38.7 in 2020. Staff pay was 66% of spending. $919,954 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
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