Safe Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 95,197,875 | 82,005,471 | 13,192,404 | 25.1 | 26% |
| 2012 | 98,973,621 | 77,246,136 | 21,727,485 | 30.4 | 32% |
| 2013 | 97,111,519 | 83,442,637 | 13,668,882 | 28.4 | 35% |
| 2014 | 96,192,598 | 85,823,155 | 10,369,443 | 29.3 | 35% |
| 2015 | 103,351,050 | 93,946,738 | 9,404,312 | 27.8 | 38% |
| 2016 | 114,392,755 | 102,851,535 | 11,541,220 | 26.7 | 39% |
| 2017 | 124,805,240 | 104,598,446 | 20,206,794 | 28.4 | 39% |
| 2018 | 147,810,875 | 118,887,426 | 28,923,449 | 27.9 | 39% |
| 2019 | 168,382,611 | 135,549,857 | 32,832,754 | 27.5 | 37% |
| 2020 | 166,534,195 | 148,840,008 | 17,694,187 | 26.6 | 39% |
| 2021 | 162,136,670 | 128,000,465 | 34,136,205 | 33.2 | 44% |
| 2022 | 183,102,902 | 149,829,164 | 33,273,738 | 23.2 | 39% |
| 2023 | 229,786,087 | 211,556,071 | 18,230,016 | 17.6 | 30% |
In its most recent public year (2023), this organization brought in $18,230,016 more than it spent. Its reserves stood at about 17.6 months of spending, down from 25.1 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
Safe 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