Provident Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,302,687 | 66,368,591 | 7,934,096 | 35.9 | 28% |
| 2012 | 82,351,160 | 67,849,589 | 14,501,571 | 37.7 | 30% |
| 2013 | 74,422,514 | 62,501,586 | 11,920,928 | 42.9 | 33% |
| 2014 | 74,066,430 | 63,200,400 | 10,866,030 | 44.8 | 33% |
| 2015 | 80,123,092 | 63,943,576 | 16,179,516 | 47.2 | 35% |
| 2016 | 91,622,709 | 72,923,183 | 18,699,526 | 44.6 | 34% |
| 2017 | 96,310,989 | 80,580,199 | 15,730,790 | 42.0 | 30% |
| 2018 | 102,329,240 | 86,222,533 | 16,106,707 | 41.4 | 30% |
| 2019 | 118,064,717 | 101,425,758 | 16,638,959 | 38.0 | 29% |
| 2020 | 140,292,462 | 121,217,100 | 19,075,362 | 33.8 | 29% |
| 2021 | 114,626,988 | 104,236,674 | 10,390,314 | 39.3 | 34% |
| 2022 | 112,950,041 | 107,810,551 | 5,139,490 | 33.5 | 31% |
| 2023 | 145,149,155 | 137,818,872 | 7,330,283 | 29.4 | 24% |
In its most recent public year (2023), this organization brought in $7,330,283 more than it spent. Its reserves stood at about 29.4 months of spending, down from 35.9 in 2011. Staff pay was 24% 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
Provident 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