Southwest Heritage Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,378,777 | 3,253,511 | 1,125,266 | 23.1 | 33% |
| 2012 | 4,721,833 | 3,501,258 | 1,220,575 | 25.6 | 33% |
| 2013 | 4,942,516 | 3,921,485 | 1,021,031 | 26.0 | 38% |
| 2014 | 5,814,015 | 4,609,542 | 1,204,473 | 25.3 | 38% |
| 2015 | 6,255,394 | 5,101,951 | 1,153,443 | 25.5 | 38% |
| 2016 | 6,633,053 | 5,801,277 | 831,776 | 24.2 | 36% |
| 2017 | 7,799,352 | 6,585,540 | 1,213,812 | 23.5 | 35% |
| 2018 | 10,324,536 | 7,530,672 | 2,793,864 | 25.0 | 36% |
| 2019 | 11,468,959 | 8,925,323 | 2,543,636 | 24.5 | 35% |
| 2020 | 11,038,579 | 9,526,070 | 1,512,509 | 24.9 | 36% |
| 2021 | 11,246,334 | 8,714,255 | 2,532,079 | 30.7 | 42% |
| 2022 | 11,453,066 | 8,762,752 | 2,690,314 | 34.2 | 43% |
| 2023 | 13,841,613 | 11,043,575 | 2,798,038 | 29.7 | 38% |
In its most recent public year (2023), this organization brought in $2,798,038 more than it spent. Its reserves stood at about 29.7 months of spending, up from 23.1 in 2011. Staff pay was 38% 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
Southwest Heritage 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