Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 207,085 | 193,928 | 13,157 | 15.6 | 0% |
| 2022 | 251,291 | 269,376 | −18,085 | 10.4 | 18% |
| 2023 | 235,988 | 254,237 | −18,249 | 10.2 | 33% |
| 2024 | 278,133 | 283,873 | −5,740 | 8.9 | 25% |
In its most recent public year (2024), this organization spent $5,740 more than it brought in. Its reserves stood at about 8.9 months of spending, down from 15.6 in 2021. Staff pay was 25% 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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