Merco Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,426,936 | 3,811,971 | 614,965 | 18.0 | 38% |
| 2012 | 4,157,425 | 3,194,514 | 962,911 | 25.0 | 47% |
| 2013 | 4,136,084 | 3,442,843 | 693,241 | 25.7 | 44% |
| 2014 | 4,269,082 | 3,429,771 | 839,311 | 28.7 | 47% |
| 2015 | 4,384,060 | 3,690,425 | 693,635 | 28.9 | 49% |
| 2016 | 4,543,690 | 4,050,880 | 492,810 | 27.8 | 48% |
| 2017 | 4,835,007 | 4,171,344 | 663,663 | 28.9 | 34% |
| 2018 | 5,581,427 | 4,574,899 | 1,006,528 | 29.0 | 47% |
| 2019 | 6,034,085 | 5,029,453 | 1,004,632 | 28.8 | 46% |
| 2020 | 5,654,431 | 5,243,841 | 410,590 | 28.5 | 46% |
| 2021 | 7,644,762 | 4,910,468 | 2,734,294 | 37.2 | 44% |
| 2022 | 7,877,946 | 6,906,965 | 970,981 | 28.1 | 42% |
| 2023 | 9,975,258 | 9,175,552 | 799,706 | 21.8 | 36% |
In its most recent public year (2023), this organization brought in $799,706 more than it spent. Its reserves stood at about 21.8 months of spending, up from 18 in 2011. Staff pay was 36% 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
Merco 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