Northrop Grumman Veba Master Trust I
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,093,194,105 | 1,085,983,807 | 7,210,298 | 2.6 | 0% |
| 2021 | 1,213,531,994 | 1,185,780,945 | 27,751,049 | 2.7 | 0% |
| 2022 | 1,219,541,017 | 1,232,951,184 | −13,410,167 | 2.4 | 0% |
| 2023 | 1,322,069,327 | 1,290,040,045 | 32,029,282 | 2.7 | 0% |
In its most recent public year (2023), this organization brought in $32,029,282 more than it spent. Its reserves stood at about 2.7 months of spending. Staff pay was 0% 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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