Veterans Of Foreign Wars Department Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 79,559 | 107,786 | −28,227 | 24.5 | 42% |
| 2022 | 114,279 | 99,945 | 14,334 | 28.2 | 48% |
| 2023 | 158,460 | 143,400 | 15,060 | 20.9 | 42% |
| 2024 | 146,578 | 149,113 | −2,535 | 19.9 | 50% |
In its most recent public year (2024), this organization spent $2,535 more than it brought in. Its reserves stood at about 19.9 months of spending, down from 24.5 in 2021. 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 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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