Hometown Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,159,180 | 2,219,817 | 939,363 | 358.2 | 23% |
| 2012 | 3,588,297 | 2,159,596 | 1,428,701 | 427.3 | 24% |
| 2013 | 3,913,374 | 2,421,840 | 1,491,534 | 425.2 | 26% |
| 2014 | 4,140,365 | 2,445,761 | 1,694,604 | 440.5 | 32% |
| 2015 | 4,591,232 | 2,671,988 | 1,919,244 | 439.4 | 34% |
| 2016 | 5,068,675 | 3,263,491 | 1,805,184 | 384.0 | 31% |
| 2017 | 5,372,251 | 3,705,536 | 1,666,715 | 361.5 | 32% |
| 2018 | 6,391,264 | 4,447,468 | 1,943,796 | 335.5 | 31% |
| 2019 | 7,560,392 | 5,673,781 | 1,886,611 | 281.3 | 26% |
| 2020 | 7,076,384 | 5,338,858 | 1,737,526 | 343.9 | 31% |
| 2021 | 7,279,948 | 5,016,003 | 2,263,945 | 413.5 | 37% |
| 2022 | 7,768,677 | 5,188,740 | 2,579,937 | 409.2 | 43% |
| 2023 | 10,309,721 | 7,759,048 | 2,550,673 | 286.7 | 33% |
In its most recent public year (2023), this organization brought in $2,550,673 more than it spent. Its reserves stood at about 286.7 months of spending, down from 358.2 in 2011. Staff pay was 33% 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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