Amplify Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,863,468 | 53,449,044 | 4,414,424 | 22.1 | 37% |
| 2021 | 69,720,673 | 55,329,490 | 14,391,183 | 24.3 | 40% |
| 2022 | 86,404,873 | 62,899,208 | 23,505,665 | 21.3 | 38% |
| 2023 | 83,598,527 | 76,795,587 | 6,802,940 | 19.1 | 28% |
In its most recent public year (2023), this organization brought in $6,802,940 more than it spent. Its reserves stood at about 19.1 months of spending, down from 22.1 in 2020. Staff pay was 28% 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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