Illinois Tool Works Inc Voluntary Employees Beneficiary Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 164,557 | 64 | 164,493 | 55712455.1 | 0% |
| 2012 | 3,385 | 0 | 3,385 | — | — |
| 2013 | 2,307 | 24,333,963 | −24,331,656 | 182.5 | 0% |
| 2014 | 3,566,337 | 25,715,239 | −22,148,902 | 173.6 | 0% |
| 2015 | 9,577 | 27,218,267 | −27,208,690 | 150.7 | 0% |
| 2016 | 2,483 | 25,768,569 | −25,766,086 | 163.7 | 0% |
| 2017 | 52,138 | 23,278,302 | −23,226,164 | 192.5 | 0% |
| 2018 | 31,944 | 21,578,064 | −21,546,120 | 185.5 | 0% |
| 2019 | 19,193 | 25,926,410 | −25,907,217 | 173.0 | 0% |
| 2020 | 1,244,619 | 26,814,327 | −25,569,708 | 179.7 | 0% |
| 2021 | 3,522,646 | 26,975,188 | −23,452,542 | 193.0 | 0% |
| 2022 | 2,265,703 | 29,062,173 | −26,796,470 | 138.7 | 0% |
| 2023 | 1,982,010 | 28,942,828 | −26,960,818 | 148.3 | 0% |
In its most recent public year (2023), this organization spent $26,960,818 more than it brought in. Its reserves stood at about 148.3 months of spending, down from 55712455.1 in 2011. 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
Illinois Tool Works Inc Voluntary Employees Beneficiary Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works