Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 278,837 | 239,886 | 38,951 | 15.1 | 33% |
| 2020 | 202,407 | 191,458 | 10,949 | 19.6 | 30% |
| 2021 | 254,209 | 217,429 | 36,780 | 19.3 | 43% |
| 2022 | 298,285 | 247,940 | 50,345 | 19.3 | 40% |
| 2023 | 278,186 | 253,011 | 25,175 | 20.1 | 42% |
In its most recent public year (2023), this organization brought in $25,175 more than it spent. Its reserves stood at about 20.1 months of spending, up from 15.1 in 2019. Staff pay was 42% 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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