Veterans Of Foreign Wars Of The United States Dept Of Connecticut
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 451,938 | 460,879 | −8,941 | 34.6 | 35% |
| 2020 | 365,377 | 398,661 | −33,284 | 38.7 | 39% |
| 2021 | 696,487 | 390,525 | 305,962 | 54.6 | 44% |
| 2022 | 444,958 | 403,797 | 41,161 | 51.3 | 39% |
| 2023 | 380,300 | 381,814 | −1,514 | 56.8 | 42% |
In its most recent public year (2023), this organization spent $1,514 more than it brought in. Its reserves stood at about 56.8 months of spending, up from 34.6 in 2019. Staff pay was 42% 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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