Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 172,805 | 192,913 | −20,108 | 2.7 | — |
| 2020 | 208,551 | 206,023 | 2,528 | 0.0 | 21% |
| 2022 | 291,728 | 255,332 | 36,396 | 0.0 | 27% |
| 2023 | 222,269 | 235,328 | −13,059 | 0.0 | 42% |
In its most recent public year (2023), this organization spent $13,059 more than it brought in. Its reserves stood at about 0 months of spending, down from 2.7 in 2013. Staff pay was 42% 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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