Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 88,521 | 201,241 | −112,720 | 17.1 | 0% |
| 2013 | 233,356 | 251,162 | −17,806 | 15.6 | 18% |
| 2014 | 470,517 | 6,109 | 464,408 | 1082.0 | 0% |
| 2015 | 563,765 | 803,684 | −239,919 | 9.2 | 0% |
| 2016 | 596,247 | 588,029 | 8,218 | 9.7 | 6% |
| 2017 | 517,145 | 610,698 | −93,553 | 7.5 | 15% |
| 2018 | 540,029 | 587,789 | −47,760 | 6.9 | 16% |
| 2019 | 537,340 | 577,381 | −40,041 | 6.2 | 15% |
| 2020 | 375,705 | 417,066 | −41,361 | 7.3 | 14% |
| 2021 | 219,832 | 267,248 | −47,416 | 9.3 | 10% |
| 2022 | 337,313 | 289,338 | 47,975 | 10.6 | 21% |
| 2023 | 464,818 | 369,904 | 94,914 | 11.4 | 28% |
In its most recent public year (2023), this organization brought in $94,914 more than it spent. Its reserves stood at about 11.4 months of spending, down from 17.1 in 2012. Staff pay was 28% 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
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