Veterans Legal Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 156,576 | 138,457 | 18,119 | 2.1 | — |
| 2016 | 476,817 | 235,864 | 240,953 | 13.6 | 50% |
| 2017 | 578,642 | 574,883 | 3,759 | 5.6 | 42% |
| 2018 | 805,384 | 794,266 | 11,118 | 4.3 | 46% |
| 2019 | 1,002,772 | 876,735 | 126,037 | 5.6 | 43% |
| 2020 | 1,123,228 | 1,027,269 | 95,959 | 5.9 | 58% |
| 2021 | 1,461,099 | 1,207,997 | 253,102 | 7.5 | 64% |
| 2022 | 1,840,175 | 1,467,828 | 372,347 | 9.2 | 62% |
| 2023 | 2,265,572 | 1,669,778 | 595,794 | 12.4 | 61% |
In its most recent public year (2023), this organization brought in $595,794 more than it spent. Its reserves stood at about 12.4 months of spending, up from 2.1 in 2015. Staff pay was 61% 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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