Amvets
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 145,221 | 136,413 | 8,808 | 35.8 | 37% |
| 2021 | 233,944 | 273,954 | −40,010 | 16.1 | 28% |
| 2022 | 888,690 | 611,910 | 276,780 | 12.6 | 11% |
| 2023 | 246,401 | 444,221 | −197,820 | 12.0 | 21% |
In its most recent public year (2023), this organization spent $197,820 more than it brought in. Its reserves stood at about 12 months of spending, down from 35.8 in 2020. Staff pay was 21% 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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