Armed Services Mutual Benefit Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,641,969 | 6,641,253 | 1,000,716 | 31.2 | 11% |
| 2021 | 7,042,827 | 8,357,549 | −1,314,722 | 29.4 | 7% |
| 2022 | 7,665,042 | 7,196,076 | 468,966 | 37.1 | 9% |
| 2023 | 7,537,390 | 5,906,651 | 1,630,739 | 46.0 | 12% |
| 2024 | 7,896,351 | 5,885,557 | 2,010,794 | 56.0 | 11% |
In its most recent public year (2024), this organization brought in $2,010,794 more than it spent. Its reserves stood at about 56 months of spending, up from 31.2 in 2020. Staff pay was 11% 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 2024. 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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