Veterans Of Foreign Wars Of The United States Dept Of Nc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 519,762 | 405,599 | 114,163 | 47.1 | 33% |
| 2022 | 581,216 | 568,867 | 12,349 | 32.1 | 26% |
| 2023 | 727,448 | 792,157 | −64,709 | 21.7 | 24% |
In its most recent public year (2023), this organization spent $64,709 more than it brought in. Its reserves stood at about 21.7 months of spending, down from 47.1 in 2021. Staff pay was 24% of spending. $555,762 of its net assets are donor-restricted.
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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