Veterans Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 71,191 | 70,938 | 253 | 0.0 | — |
| 2017 | 146,889 | 74,527 | 72,362 | 16.6 | — |
| 2018 | 126,902 | 87,588 | 39,314 | 19.4 | — |
| 2019 | 57,899 | 120,409 | −62,510 | 7.8 | — |
| 2020 | 141,272 | 82,876 | 58,396 | 19.6 | — |
| 2021 | 363,597 | 382,790 | −19,193 | 3.6 | 12% |
| 2022 | 149,020 | 110,940 | 38,080 | 16.7 | 11% |
In its most recent public year (2022), this organization brought in $38,080 more than it spent. Its reserves stood at about 16.7 months of spending, up from 0 in 2015. Staff pay was 11% 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 2022. 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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