Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 212,146 | 11,659 | 200,487 | 443.6 | 0% |
| 2021 | 7,680 | 86,819 | −79,139 | 48.6 | 0% |
| 2022 | 43,699 | 49,472 | −5,773 | 83.9 | 0% |
| 2023 | 19,691 | 63,701 | −44,010 | 56.9 | 0% |
In its most recent public year (2023), this organization spent $44,010 more than it brought in. Its reserves stood at about 56.9 months of spending, down from 443.6 in 2020. 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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