Credit Unions In The State Of Washington
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,887,073 | 4,390,853 | 496,220 | 226.1 | 22% |
| 2020 | 4,599,860 | 4,540,525 | 59,335 | 238.2 | 24% |
| 2021 | 4,339,040 | 4,165,075 | 173,965 | 264.2 | 27% |
| 2022 | 4,083,346 | 3,980,870 | 102,476 | 293.4 | 23% |
| 2023 | 4,742,592 | 4,585,677 | 156,915 | 234.8 | 23% |
In its most recent public year (2023), this organization brought in $156,915 more than it spent. Its reserves stood at about 234.8 months of spending, up from 226.1 in 2019. Staff pay was 23% 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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