Slo Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,019,058 | 827,167 | 191,891 | 72.9 | 33% |
| 2012 | 943,327 | 767,951 | 175,376 | 91.6 | 38% |
| 2013 | 836,025 | 753,784 | 82,241 | 87.2 | 40% |
| 2014 | 794,538 | 711,366 | 83,172 | 93.9 | 44% |
| 2015 | 808,331 | 680,111 | 128,220 | 98.3 | 44% |
| 2016 | 742,779 | 725,251 | 17,528 | 88.6 | 51% |
| 2017 | 780,029 | 812,764 | −32,735 | 76.8 | 52% |
| 2018 | 805,042 | 847,683 | −42,641 | 70.1 | 48% |
| 2019 | 858,999 | 859,279 | −280 | 77.5 | 46% |
| 2020 | 829,615 | 887,546 | −57,931 | 77.1 | 40% |
| 2021 | 797,995 | 777,531 | 20,464 | 81.6 | 45% |
| 2022 | 990,671 | 865,350 | 125,321 | 52.7 | 48% |
| 2023 | 1,183,395 | 1,165,704 | 17,691 | 43.6 | 41% |
In its most recent public year (2023), this organization brought in $17,691 more than it spent. Its reserves stood at about 43.6 months of spending, down from 72.9 in 2011. Staff pay was 41% 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
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