Beacon Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,619,296 | 32,277,450 | 8,341,846 | 50.5 | 27% |
| 2012 | 39,203,238 | 33,183,073 | 6,020,165 | 51.3 | 27% |
| 2013 | 37,611,288 | 32,082,792 | 5,528,496 | 54.3 | 28% |
| 2014 | 37,082,003 | 30,691,488 | 6,390,515 | 59.3 | 31% |
| 2015 | 40,077,898 | 33,262,330 | 6,815,568 | 56.9 | 33% |
| 2016 | 46,547,270 | 38,263,846 | 8,283,424 | 51.6 | 34% |
| 2017 | 49,151,076 | 40,609,805 | 8,541,271 | 51.0 | 31% |
| 2018 | 52,574,992 | 42,601,418 | 9,973,574 | 50.8 | 31% |
| 2019 | 54,449,737 | 46,401,281 | 8,048,456 | 49.5 | 31% |
| 2020 | 50,681,284 | 45,600,975 | 5,080,309 | 52.2 | 33% |
| 2021 | 47,143,377 | 41,796,166 | 5,347,211 | 56.9 | 37% |
| 2022 | 52,771,406 | 47,710,753 | 5,060,653 | 37.4 | 34% |
| 2023 | 62,290,093 | 57,983,205 | 4,306,888 | 33.1 | 29% |
In its most recent public year (2023), this organization brought in $4,306,888 more than it spent. Its reserves stood at about 33.1 months of spending, down from 50.5 in 2011. Staff pay was 29% 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
Beacon 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