Hoosier United Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 995,093 | 842,894 | 152,199 | 29.6 | 32% |
| 2020 | 945,015 | 880,666 | 64,349 | 29.2 | 33% |
| 2021 | 958,312 | 817,860 | 140,452 | 33.5 | 32% |
| 2022 | 1,024,711 | 894,317 | 130,394 | 42.5 | 30% |
| 2023 | 1,602,135 | 1,257,217 | 344,918 | 33.5 | 28% |
In its most recent public year (2023), this organization brought in $344,918 more than it spent. Its reserves stood at about 33.5 months of spending, up from 29.6 in 2019. Staff pay was 28% 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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