Reed Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 600,907 | 581,260 | 19,647 | 55.2 | 38% |
| 2012 | 557,024 | 547,579 | 9,445 | 58.9 | 40% |
| 2013 | 455,288 | 467,527 | −12,239 | 68.6 | 44% |
| 2014 | 397,054 | 427,168 | −30,114 | 74.3 | 48% |
| 2015 | 365,989 | 425,370 | −59,381 | 72.9 | 45% |
| 2016 | 372,064 | 438,389 | −66,325 | 68.9 | 44% |
| 2017 | 376,970 | 417,144 | −40,174 | 71.3 | 41% |
| 2018 | 460,966 | 447,848 | 13,118 | 66.7 | 40% |
| 2019 | 500,854 | 471,685 | 29,169 | 64.1 | 35% |
| 2020 | 528,568 | 504,592 | 23,976 | 60.5 | 37% |
| 2021 | 474,751 | 472,575 | 2,176 | 64.6 | 39% |
| 2022 | 431,886 | 474,364 | −42,478 | 63.2 | 37% |
| 2023 | 597,885 | 541,037 | 56,848 | 56.7 | 32% |
In its most recent public year (2023), this organization brought in $56,848 more than it spent. Its reserves stood at about 56.7 months of spending, up from 55.2 in 2011. Staff pay was 32% 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
Reed 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