Wings Financial Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 272,278,052 | 192,710,710 | 79,567,342 | 52.6 | 5% |
| 2021 | 281,384,736 | 191,673,885 | 89,710,851 | 54.2 | 30% |
| 2022 | 305,132,248 | 212,488,081 | 92,644,167 | 37.6 | 29% |
| 2023 | 421,625,656 | 358,760,337 | 62,865,319 | 27.2 | 22% |
In its most recent public year (2023), this organization brought in $62,865,319 more than it spent. Its reserves stood at about 27.2 months of spending, down from 52.6 in 2020. Staff pay was 22% 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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