Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 172,626 | 189,909 | −17,283 | 27.7 | 46% |
| 2020 | 129,099 | 156,492 | −27,393 | 31.5 | 45% |
| 2021 | 182,732 | 91,718 | 91,014 | 65.8 | 30% |
| 2022 | 213,250 | 225,550 | −12,300 | 26.1 | 50% |
| 2023 | 182,699 | 224,666 | −41,967 | 23.9 | 50% |
In its most recent public year (2023), this organization spent $41,967 more than it brought in. Its reserves stood at about 23.9 months of spending, down from 27.7 in 2019. Staff pay was 50% 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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