Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 213,179 | 186,440 | 26,739 | 34.8 | 39% |
| 2022 | 380,082 | 217,724 | 162,358 | 38.4 | 40% |
| 2023 | 396,394 | 229,564 | 166,830 | 44.7 | 46% |
| 2024 | 369,284 | 227,819 | 141,465 | 52.4 | 46% |
In its most recent public year (2024), this organization brought in $141,465 more than it spent. Its reserves stood at about 52.4 months of spending, up from 34.8 in 2021. Staff pay was 46% 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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