Peoples Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 25,441,248 | 20,540,862 | 4,900,386 | 34.2 | 35% |
| 2021 | 25,020,386 | 19,033,530 | 5,986,856 | 39.9 | 39% |
| 2022 | 26,116,724 | 21,364,433 | 4,752,291 | 34.3 | 36% |
| 2023 | 30,263,370 | 28,807,587 | 1,455,783 | 27.2 | 30% |
In its most recent public year (2023), this organization brought in $1,455,783 more than it spent. Its reserves stood at about 27.2 months of spending, down from 34.2 in 2020. Staff pay was 30% 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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