Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 196,309 | 196,315 | −6 | 24.4 | 28% |
| 2020 | 120,444 | 151,978 | −31,534 | 29.3 | 29% |
| 2021 | 70,826 | 135,934 | −65,108 | 27.0 | 36% |
| 2022 | 300,013 | 244,982 | 55,031 | 17.7 | 36% |
| 2023 | 329,276 | 290,992 | 38,284 | 16.5 | 40% |
| 2024 | 361,080 | 351,777 | 9,303 | 13.9 | 32% |
In its most recent public year (2024), this organization brought in $9,303 more than it spent. Its reserves stood at about 13.9 months of spending, down from 24.4 in 2019. Staff pay was 32% 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 2024. 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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