Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 43,098 | 48,392 | −5,294 | 42.7 | — |
| 2022 | 83,467 | 62,367 | 21,100 | 37.2 | — |
| 2023 | 112,609 | 67,527 | 45,082 | 42.4 | — |
| 2024 | 81,004 | 56,291 | 24,713 | 56.1 | — |
In its most recent public year (2024), this organization brought in $24,713 more than it spent. Its reserves stood at about 56.1 months of spending, up from 42.7 in 2021.
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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