Virginia Credit Union League Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,092,201 | 2,076,669 | 15,532 | 37.0 | 38% |
| 2012 | 1,986,373 | 2,224,986 | −238,613 | 34.8 | 39% |
| 2013 | 2,936,859 | 2,520,734 | 416,125 | 34.3 | 38% |
| 2014 | 2,437,990 | 2,419,149 | 18,841 | 37.0 | 41% |
| 2015 | 2,041,753 | 2,430,095 | −388,342 | 37.2 | 41% |
| 2016 | 2,173,973 | 2,331,018 | −157,045 | 39.7 | 35% |
| 2017 | 1,906,689 | 2,257,690 | −351,001 | 39.6 | 37% |
| 2018 | 2,353,869 | 2,442,842 | −88,973 | 37.1 | 36% |
| 2019 | 2,349,786 | 2,298,086 | 51,700 | 40.4 | 37% |
| 2020 | 3,092,375 | 1,987,548 | 1,104,827 | 54.4 | 39% |
| 2021 | 1,868,332 | 1,878,672 | −10,340 | 58.7 | 45% |
| 2022 | 2,111,824 | 1,706,086 | 405,738 | 68.2 | 66% |
| 2023 | 2,161,730 | 1,572,890 | 588,840 | 77.2 | 81% |
In its most recent public year (2023), this organization brought in $588,840 more than it spent. Its reserves stood at about 77.2 months of spending, up from 37 in 2011. Staff pay was 81% of spending. $227,560 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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