Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 49,636 | 66,177 | −16,541 | 10.8 | — |
| 2022 | 79,904 | 88,681 | −8,777 | 6.9 | — |
| 2023 | 106,618 | 98,091 | 8,527 | 7.3 | — |
| 2024 | 96,768 | 103,157 | −6,389 | 6.2 | — |
In its most recent public year (2024), this organization spent $6,389 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 10.8 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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