Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 131,422 | 156,325 | −24,903 | 12.3 | 32% |
| 2022 | 191,936 | 202,100 | −10,164 | 8.9 | 37% |
| 2023 | 258,287 | 264,139 | −5,852 | 6.6 | 27% |
| 2024 | 236,564 | 210,997 | 25,567 | 9.7 | 33% |
In its most recent public year (2024), this organization brought in $25,567 more than it spent. Its reserves stood at about 9.7 months of spending, down from 12.3 in 2021. Staff pay was 33% 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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