Spirit Financial Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,649,261 | 1,469,557 | 179,704 | 376.7 | 27% |
| 2016 | 1,782,486 | 1,531,688 | 250,798 | 370.2 | 25% |
| 2017 | 1,805,597 | 1,601,157 | 204,440 | 360.9 | 28% |
| 2018 | 452,993 | 1,583,810 | −1,130,817 | 378.7 | 29% |
| 2019 | 2,132,888 | 1,843,225 | 289,663 | 329.3 | 28% |
| 2020 | 2,314,552 | 1,985,036 | 329,516 | 373.6 | 28% |
| 2021 | 2,444,134 | 2,094,597 | 349,537 | 383.0 | 28% |
| 2022 | 2,517,527 | 2,065,354 | 452,173 | 408.6 | 26% |
| 2023 | 3,335,638 | 2,779,988 | 555,650 | 312.6 | 25% |
In its most recent public year (2023), this organization brought in $555,650 more than it spent. Its reserves stood at about 312.6 months of spending, down from 376.7 in 2015. Staff pay was 25% 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
Spirit Financial Credit Union's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works