African American Credit Union Coalition
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 212,216 | 187,944 | 24,272 | 16.0 | 0% |
| 2012 | 225,107 | 227,434 | −2,327 | 13.1 | 0% |
| 2013 | 260,236 | 231,833 | 28,403 | 14.3 | 0% |
| 2014 | 209,184 | 191,753 | 17,431 | 19.7 | 0% |
| 2015 | 274,928 | 344,511 | −69,583 | 8.5 | 0% |
| 2016 | 250,336 | 311,169 | −60,833 | 7.1 | 0% |
| 2017 | 343,444 | 329,590 | 13,854 | 7.2 | 0% |
| 2018 | 460,515 | 436,308 | 24,207 | 6.1 | 0% |
| 2019 | 537,756 | 641,201 | −103,445 | 2.2 | 0% |
| 2020 | 1,035,014 | 611,920 | 423,094 | 10.6 | 0% |
| 2021 | 1,509,936 | 1,374,471 | 135,465 | 5.9 | 28% |
| 2022 | 1,563,066 | 1,939,854 | −376,788 | 1.9 | 35% |
| 2023 | 2,475,988 | 2,558,886 | −82,898 | 1.0 | 26% |
In its most recent public year (2023), this organization spent $82,898 more than it brought in. Its reserves stood at about 1 months of spending, down from 16 in 2011. Staff pay was 26% of spending. $111,762 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
African American Credit Union Coalition'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