South Carolina Federal Credit Union Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 159,336 | 146,898 | 12,438 | 1.0 | — |
| 2014 | 153,457 | 149,278 | 4,179 | 1.6 | — |
| 2015 | 179,683 | 175,165 | 4,518 | 3.4 | — |
| 2016 | 200,268 | 191,391 | 8,877 | 1.9 | 0% |
| 2017 | 180,924 | 167,234 | 13,690 | 3.1 | — |
| 2018 | 206,095 | 214,349 | −8,254 | 2.0 | 0% |
| 2019 | 224,926 | 213,016 | 11,910 | 2.7 | 0% |
| 2020 | 218,563 | 182,884 | 35,679 | 12.4 | 0% |
| 2021 | 189,280 | 213,610 | −24,330 | 9.2 | 0% |
| 2022 | 257,382 | 209,397 | 47,985 | 12.2 | 0% |
| 2023 | 246,692 | 276,206 | −29,514 | 10.7 | 0% |
In its most recent public year (2023), this organization spent $29,514 more than it brought in. Its reserves stood at about 10.7 months of spending, up from 1 in 2013. Staff pay was 0% of spending. $124,350 of its net assets are donor-restricted.
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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