Texell Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 17,114,569 | 13,466,086 | 3,648,483 | 21.8 | 30% |
| 2014 | 18,419,659 | 14,358,334 | 4,061,325 | 23.8 | 32% |
| 2015 | 19,430,371 | 16,145,893 | 3,284,478 | 23.6 | 31% |
| 2016 | 21,082,621 | 18,623,926 | 2,458,695 | 22.1 | 31% |
| 2017 | 23,855,124 | 22,210,434 | 1,644,690 | 19.4 | 30% |
| 2018 | 26,531,057 | 22,604,269 | 3,926,788 | 21.1 | 31% |
| 2019 | 30,045,999 | 25,807,980 | 4,238,019 | 20.5 | 30% |
| 2020 | 30,180,870 | 25,851,228 | 4,329,642 | 22.5 | 31% |
| 2021 | 32,645,542 | 25,578,034 | 7,067,508 | 26.0 | 37% |
| 2022 | 40,918,617 | 33,136,008 | 7,782,609 | 22.9 | 32% |
| 2023 | 51,325,244 | 46,832,206 | 4,493,038 | 16.9 | 27% |
In its most recent public year (2023), this organization brought in $4,493,038 more than it spent. Its reserves stood at about 16.9 months of spending, down from 21.8 in 2013. Staff pay was 27% 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
Texell 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