Armed Forces Benefit Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,394,016 | 107,838,749 | −8,444,733 | 20.2 | 10% |
| 2012 | 98,888,530 | 111,101,633 | −12,213,103 | 14.8 | 9% |
| 2013 | 102,549,936 | 108,826,165 | −6,276,229 | 16.8 | 9% |
| 2014 | 105,914,006 | 112,536,910 | −6,622,904 | 14.0 | 9% |
| 2015 | 107,096,189 | 123,256,695 | −16,160,506 | 13.0 | 9% |
| 2016 | 109,834,776 | 124,167,210 | −14,332,434 | 11.7 | 10% |
| 2017 | 120,688,682 | 130,611,624 | −9,922,942 | 10.2 | 11% |
| 2018 | 131,162,407 | 146,954,585 | −15,792,178 | 7.5 | 10% |
| 2019 | 147,971,648 | 141,521,880 | 6,449,768 | 7.6 | 11% |
| 2020 | 154,702,786 | 152,872,624 | 1,830,162 | 6.5 | 10% |
| 2021 | 157,888,211 | 177,056,271 | −19,168,060 | 4.9 | 8% |
| 2022 | 134,666,831 | 155,746,044 | −21,079,213 | 5.3 | 9% |
| 2023 | 156,212,942 | 147,965,849 | 8,247,093 | 7.5 | 10% |
In its most recent public year (2023), this organization brought in $8,247,093 more than it spent. Its reserves stood at about 7.5 months of spending, down from 20.2 in 2011. Staff pay was 10% 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
Armed Forces Benefit Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works