Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 183,704 | 193,772 | −10,068 | 41.5 | 33% |
| 2020 | 170,009 | 209,048 | −39,039 | 36.2 | 34% |
| 2021 | 142,572 | 188,933 | −46,361 | 37.1 | 16% |
| 2022 | 195,345 | 198,395 | −3,050 | 35.2 | 21% |
| 2023 | 237,727 | 164,433 | 73,294 | 48.2 | 30% |
In its most recent public year (2023), this organization brought in $73,294 more than it spent. Its reserves stood at about 48.2 months of spending, up from 41.5 in 2019. Staff pay was 30% 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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