Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 302,077 | 340,397 | −38,320 | 3.4 | 33% |
| 2013 | 301,020 | 302,712 | −1,692 | 3.8 | 48% |
| 2014 | 353,776 | 368,604 | −14,828 | 2.6 | 31% |
| 2015 | 432,168 | 367,506 | 64,662 | 4.7 | 26% |
| 2016 | 496,959 | 455,916 | 41,043 | 4.9 | 24% |
| 2017 | 561,130 | 533,250 | 27,880 | 4.8 | 23% |
| 2018 | 438,539 | 481,172 | −42,633 | 4.3 | 35% |
| 2019 | 467,132 | 466,203 | 929 | 4.4 | 37% |
| 2020 | 223,820 | 337,823 | −114,003 | 2.1 | 0% |
| 2021 | 223,221 | 169,872 | 53,349 | 7.9 | 8% |
| 2022 | 332,365 | 276,908 | 55,457 | 7.2 | 34% |
| 2023 | 370,130 | 323,752 | 46,378 | 8.6 | 36% |
| 2024 | 446,566 | 449,139 | −2,573 | 5.7 | 30% |
In its most recent public year (2024), this organization spent $2,573 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 3.4 in 2012. Staff pay was 30% 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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