Solarity Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,991,291 | 12,416,183 | 5,575,108 | 56.7 | 28% |
| 2012 | 26,239,842 | 18,728,811 | 7,511,031 | 42.6 | 32% |
| 2013 | 24,754,839 | 20,096,666 | 4,658,173 | 42.4 | 27% |
| 2014 | 26,280,490 | 18,572,664 | 7,707,826 | 51.0 | 29% |
| 2015 | 28,800,254 | 20,885,928 | 7,914,326 | 49.7 | 28% |
| 2016 | 31,340,635 | 25,096,759 | 6,243,876 | 44.2 | 27% |
| 2017 | 35,344,414 | 32,368,754 | 2,975,660 | 35.4 | 26% |
| 2018 | 37,504,015 | 30,876,482 | 6,627,533 | 39.9 | 29% |
| 2019 | 42,045,420 | 33,888,044 | 8,157,376 | 39.6 | 29% |
| 2020 | 31,056,139 | 32,067,321 | −1,011,182 | 43.1 | 34% |
| 2021 | 38,686,646 | 30,919,332 | 7,767,314 | 46.1 | 35% |
| 2022 | 37,492,619 | 31,117,103 | 6,375,516 | 45.5 | 38% |
| 2023 | 42,914,902 | 37,764,818 | 5,150,084 | 39.4 | 30% |
In its most recent public year (2023), this organization brought in $5,150,084 more than it spent. Its reserves stood at about 39.4 months of spending, down from 56.7 in 2011. Staff pay was 30% 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
Solarity 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