Veterans Farm Of North Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 152,756 | 111,869 | 40,887 | 14.1 | 71% |
| 2021 | 231,697 | 265,047 | −33,350 | 4.4 | 60% |
| 2022 | 433,196 | 330,447 | 102,749 | 7.3 | 56% |
In its most recent public year (2022), this organization brought in $102,749 more than it spent. Its reserves stood at about 7.3 months of spending, down from 14.1 in 2020. Staff pay was 56% 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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