Veterans Of Foreign Wars Department Of Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 239,634 | 245,127 | −5,493 | 21.9 | 17% |
| 2013 | 275,639 | 261,372 | 14,267 | 6.4 | 16% |
| 2014 | 269,271 | 266,192 | 3,079 | 6.5 | 16% |
| 2015 | 251,299 | 247,194 | 4,105 | 8.8 | 19% |
| 2016 | 264,599 | 252,571 | 12,028 | 9.1 | 18% |
| 2017 | 251,541 | 241,162 | 10,379 | 10.1 | 21% |
| 2018 | 315,081 | 298,905 | 16,176 | 8.8 | 13% |
| 2019 | 263,181 | 256,268 | 6,913 | 10.7 | 15% |
| 2020 | 57,904 | 118,847 | −60,943 | 16.8 | 7% |
| 2021 | 168,615 | 142,836 | 25,779 | 16.2 | 9% |
| 2022 | 331,029 | 284,346 | 46,683 | 10.0 | 16% |
| 2023 | 356,374 | 357,605 | −1,231 | 7.9 | 15% |
In its most recent public year (2023), this organization spent $1,231 more than it brought in. Its reserves stood at about 7.9 months of spending, down from 21.9 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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