Boston Firefighters Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,574,419 | 6,538,377 | 1,036,042 | 37.7 | 24% |
| 2012 | 7,924,239 | 6,585,344 | 1,338,895 | 40.0 | 25% |
| 2013 | 7,749,491 | 6,341,490 | 1,408,001 | 43.7 | 27% |
| 2014 | 7,969,507 | 6,391,848 | 1,577,659 | 46.8 | 29% |
| 2015 | 8,866,867 | 7,016,192 | 1,850,675 | 45.7 | 28% |
| 2016 | 10,108,649 | 8,006,274 | 2,102,375 | 43.4 | 28% |
| 2017 | 11,183,349 | 8,935,738 | 2,247,611 | 41.9 | 27% |
| 2018 | 12,742,712 | 9,809,632 | 2,933,080 | 41.6 | 28% |
| 2019 | 13,734,069 | 11,272,659 | 2,461,410 | 39.0 | 27% |
| 2020 | 13,311,458 | 10,747,727 | 2,563,731 | 44.2 | 29% |
| 2021 | 13,830,110 | 11,184,191 | 2,645,919 | 44.7 | 32% |
| 2022 | 16,089,033 | 12,432,948 | 3,656,085 | 40.5 | 29% |
| 2023 | 20,405,832 | 16,670,689 | 3,735,143 | 33.3 | 24% |
In its most recent public year (2023), this organization brought in $3,735,143 more than it spent. Its reserves stood at about 33.3 months of spending, down from 37.7 in 2011. Staff pay was 24% 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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