Maryland Veterans Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 146,702 | 45,476 | 101,226 | 26.7 | — |
| 2015 | 51,161 | 32,131 | 19,030 | 44.9 | — |
| 2016 | 66,017 | 55,144 | 10,873 | 28.5 | — |
| 2017 | 89,463 | 112,245 | −22,782 | 11.6 | — |
| 2018 | 106,918 | 87,599 | 19,319 | 17.5 | — |
| 2019 | 119,798 | 134,219 | −14,421 | 10.1 | — |
| 2020 | 194,882 | 142,116 | 52,766 | 14.0 | — |
| 2021 | 426,346 | 362,539 | 63,807 | 10.0 | 0% |
| 2022 | 530,914 | 246,162 | 284,752 | 28.6 | 0% |
| 2023 | 629,755 | 432,670 | 197,085 | 21.7 | 6% |
In its most recent public year (2023), this organization brought in $197,085 more than it spent. Its reserves stood at about 21.7 months of spending, down from 26.7 in 2014. Staff pay was 6% 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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