Abbott Laboratories Employer Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,644,965 | 22,966,095 | 5,678,870 | 60.9 | 33% |
| 2021 | 27,617,158 | 21,732,525 | 5,884,633 | 64.7 | 37% |
| 2022 | 31,220,940 | 23,336,386 | 7,884,554 | 49.7 | 35% |
| 2023 | 41,938,236 | 31,660,328 | 10,277,908 | 42.4 | 26% |
In its most recent public year (2023), this organization brought in $10,277,908 more than it spent. Its reserves stood at about 42.4 months of spending, down from 60.9 in 2020. Staff pay was 26% 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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