Veterans Of Foreign Wars Department Of Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 129,895 | 78,662 | 51,233 | 10.8 | — |
| 2019 | 50,306 | 106,307 | −56,001 | 1.7 | — |
| 2020 | 14,827 | 16,499 | −1,672 | 9.6 | — |
In its most recent public year (2020), this organization spent $1,672 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 10.8 in 2018.
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 2020. 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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