Freedom Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,016,397 | 17,528,822 | 3,487,575 | 44.3 | 25% |
| 2012 | 21,717,526 | 18,424,426 | 3,293,100 | 44.3 | 27% |
| 2013 | 20,449,040 | 19,089,753 | 1,359,287 | 42.2 | 31% |
| 2014 | 20,925,571 | 19,386,350 | 1,539,221 | 43.3 | 33% |
| 2015 | 21,217,100 | 19,909,952 | 1,307,148 | 42.1 | 33% |
| 2016 | 21,351,115 | 18,979,860 | 2,371,255 | 45.1 | 36% |
| 2017 | 21,706,429 | 17,807,873 | 3,898,556 | 51.0 | 38% |
| 2018 | 23,161,113 | 19,037,422 | 4,123,691 | 49.9 | 35% |
| 2019 | 24,911,225 | 22,038,112 | 2,873,113 | 46.8 | 35% |
| 2020 | 23,759,359 | 23,151,492 | 607,867 | 45.4 | 34% |
| 2021 | 26,093,008 | 21,788,261 | 4,304,747 | 49.7 | 34% |
| 2022 | 26,913,534 | 23,288,605 | 3,624,929 | 41.6 | 32% |
| 2023 | 34,489,002 | 30,493,956 | 3,995,046 | 34.0 | 27% |
In its most recent public year (2023), this organization brought in $3,995,046 more than it spent. Its reserves stood at about 34 months of spending, down from 44.3 in 2011. Staff pay was 27% 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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