Veterans Of Foreign Wars Of The United States Dept Of Texas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,882,770 | 2,608,191 | 274,579 | 32.5 | 20% |
| 2020 | 6,579,117 | 6,345,390 | 233,727 | 13.8 | 7% |
| 2022 | 6,677,704 | 7,212,573 | −534,869 | 17.0 | 8% |
In its most recent public year (2022), this organization spent $534,869 more than it brought in. Its reserves stood at about 17 months of spending, down from 32.5 in 2019. Staff pay was 8% 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 2022. 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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