Rhode Island Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,016,206 | 10,542,696 | −526,490 | 29.4 | 34% |
| 2012 | 9,800,383 | 10,521,239 | −720,856 | 28.6 | 34% |
| 2013 | 10,329,344 | 10,522,215 | −192,871 | 28.9 | 33% |
| 2014 | 10,724,626 | 10,406,456 | 318,170 | 29.1 | 36% |
| 2015 | 11,027,705 | 10,694,956 | 332,749 | 27.9 | 37% |
| 2016 | 10,925,528 | 10,901,161 | 24,367 | 27.1 | 37% |
| 2017 | 11,775,934 | 10,951,009 | 824,925 | 27.9 | 37% |
| 2018 | 13,098,610 | 11,502,962 | 1,595,648 | 28.0 | 36% |
| 2019 | 14,156,091 | 12,839,187 | 1,316,904 | 26.2 | 34% |
| 2020 | 13,959,766 | 13,222,795 | 736,971 | 28.6 | 36% |
| 2021 | 16,678,289 | 12,908,550 | 3,769,739 | 33.4 | 37% |
| 2022 | 16,174,747 | 13,517,856 | 2,656,891 | 33.8 | 35% |
| 2023 | 16,616,393 | 16,688,913 | −72,520 | 27.1 | 33% |
In its most recent public year (2023), this organization spent $72,520 more than it brought in. Its reserves stood at about 27.1 months of spending, down from 29.4 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
Rhode Island Credit Union's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works