Safe 1 Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,338,820 | 12,091,317 | 5,247,503 | 44.9 | 28% |
| 2012 | 16,204,335 | 10,818,870 | 5,385,465 | 56.2 | 34% |
| 2013 | 15,878,513 | 10,792,442 | 5,086,071 | 62.0 | 36% |
| 2014 | 15,865,112 | 10,945,081 | 4,920,031 | 66.5 | 38% |
| 2015 | 16,190,377 | 12,027,578 | 4,162,799 | 64.7 | 36% |
| 2016 | 17,419,387 | 13,311,128 | 4,108,259 | 62.1 | 34% |
| 2017 | 38,565,784 | 18,862,694 | 19,703,090 | 56.4 | 34% |
| 2018 | 27,555,279 | 20,266,543 | 7,288,736 | 56.8 | 33% |
| 2019 | 30,497,624 | 23,058,918 | 7,438,706 | 53.9 | 31% |
| 2020 | 29,174,406 | 25,833,264 | 3,341,142 | 49.7 | 29% |
| 2021 | 31,709,668 | 21,697,513 | 10,012,155 | 63.6 | 35% |
| 2022 | 36,115,479 | 25,739,563 | 10,375,916 | 54.8 | 44% |
| 2023 | 47,057,316 | 34,255,595 | 12,801,721 | 47.4 | 36% |
In its most recent public year (2023), this organization brought in $12,801,721 more than it spent. Its reserves stood at about 47.4 months of spending, up from 44.9 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
Safe 1 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