Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 175,251 | 245,705 | −70,454 | 35.5 | 38% |
| 2021 | 212,987 | 215,530 | −2,543 | 41.0 | 36% |
| 2022 | 277,306 | 260,522 | 16,784 | 34.3 | 38% |
| 2023 | 316,833 | 256,498 | 60,335 | 37.7 | 37% |
In its most recent public year (2023), this organization brought in $60,335 more than it spent. Its reserves stood at about 37.7 months of spending. Staff pay was 37% 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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