Veterans Of Foreign Wars Department Of Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 175,349 | 176,739 | −1,390 | -3.5 | 10% |
| 2012 | 208,365 | 204,404 | 3,961 | -2.8 | 11% |
| 2013 | 205,407 | 218,977 | −13,570 | -3.3 | 11% |
| 2014 | 205,446 | 220,869 | −15,423 | -4.1 | 10% |
| 2015 | 167,710 | 181,989 | −14,279 | -6.0 | 12% |
| 2016 | 212,223 | 192,349 | 19,874 | -4.4 | 18% |
| 2017 | 152,112 | 149,558 | 2,554 | -5.8 | 27% |
| 2018 | 150,536 | 151,923 | −1,387 | -6.0 | 23% |
| 2019 | 137,727 | 136,354 | 1,373 | -6.6 | 25% |
| 2020 | 68,203 | 69,524 | −1,321 | -13.1 | 15% |
| 2021 | 295,407 | 76,179 | 219,228 | 22.6 | 0% |
| 2022 | 68,677 | 67,197 | 1,480 | 20.6 | 15% |
| 2023 | 82,438 | 63,080 | 19,358 | 25.7 | 15% |
In its most recent public year (2023), this organization brought in $19,358 more than it spent. Its reserves stood at about 25.7 months of spending, up from -3.5 in 2011. Staff pay was 15% 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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