Volunteer Corporate Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,820,836 | 11,177,652 | 2,643,184 | 66.2 | 25% |
| 2012 | 14,043,387 | 11,913,269 | 2,130,118 | 77.0 | 9% |
| 2013 | 11,874,444 | 9,787,184 | 2,087,260 | 93.2 | 32% |
| 2014 | 12,271,724 | 10,780,980 | 1,490,744 | 90.9 | 31% |
| 2015 | 14,234,652 | 11,523,878 | 2,710,774 | 85.2 | 30% |
| 2016 | 18,119,218 | 12,905,580 | 5,213,638 | 81.0 | 25% |
| 2017 | 24,010,773 | 18,370,849 | 5,639,924 | 60.6 | 19% |
| 2018 | 34,288,326 | 27,588,771 | 6,699,555 | 42.1 | 13% |
| 2019 | 40,461,745 | 33,585,001 | 6,876,744 | 37.3 | 12% |
| 2020 | 20,915,133 | 17,162,795 | 3,752,338 | 77.4 | 25% |
| 2021 | 49,925,746 | 20,016,290 | 29,909,456 | 77.6 | 25% |
| 2022 | 78,897,689 | 52,267,070 | 26,630,619 | 30.7 | 12% |
| 2023 | 118,810,831 | 98,234,687 | 20,576,144 | 19.4 | 7% |
In its most recent public year (2023), this organization brought in $20,576,144 more than it spent. Its reserves stood at about 19.4 months of spending, down from 66.2 in 2011. Staff pay was 7% 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
Volunteer Corporate 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