Patriot Equity Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,546,284 | 1,759,837 | −213,553 | 26.9 | 25% |
| 2012 | 1,343,602 | 1,346,633 | −3,031 | 35.1 | 26% |
| 2013 | 943,173 | 1,235,921 | −292,748 | 35.4 | 25% |
| 2014 | 1,095,922 | 1,070,632 | 25,290 | 41.2 | 29% |
| 2015 | 956,902 | 1,064,637 | −107,735 | 40.2 | 28% |
| 2016 | 1,099,445 | 1,141,145 | −41,700 | 37.1 | 26% |
| 2017 | 1,356,643 | 1,332,938 | 23,705 | 31.9 | 27% |
| 2018 | 1,454,825 | 1,378,839 | 75,986 | 31.5 | 29% |
| 2019 | 1,691,574 | 1,661,007 | 30,567 | 26.4 | 26% |
| 2020 | 1,647,186 | 1,387,683 | 259,503 | 33.8 | 33% |
| 2021 | 1,670,795 | 1,400,668 | 270,127 | 35.8 | 34% |
| 2022 | 1,990,607 | 1,607,758 | 382,849 | 34.1 | 32% |
| 2023 | 2,566,656 | 2,413,674 | 152,982 | 21.0 | 25% |
In its most recent public year (2023), this organization brought in $152,982 more than it spent. Its reserves stood at about 21 months of spending, down from 26.9 in 2011. Staff pay was 25% 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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