nonprofit · EIN 35-0779057 · IN
How much does FORUM CREDIT UNION raise and spend?
FORUM CREDIT UNION (IN, EIN 35-0779057) reported $144.7M in revenue and $119.6M in expenses for tax year 2024, with $266.4M in net assets (26.7 months of reserves). By expenses that ranks 2,185 of 391,588 e-filers, 34 of 5,218 in NTEE W: Public & Societal Benefit, 40 of 8,123 nonprofits in indiana.
What stands out
FORUM CREDIT UNION (IN, EIN 35-0779057) reported $144.7M in revenue and $119.6M in expenses for tax year 2024, with $266.4M in net assets (26.7 months of reserves). By expenses that ranks 2,185 of 391,588 e-filers, 34 of 5,218 in NTEE W: Public & Societal Benefit, 40 of 8,123 nonprofits in indiana. Against NTEE W: Public & Societal Benefit: months of reserves 26.7 months, above the peer median of 12.6 months; officer compensation share of expenses 2.7%, below the peer median of 7.9%; contributions share of revenue 0.0%, below the peer median of 79.5%; surplus margin 17.3%, above the peer median of 6.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $144.7M | $144.1k | $233.3M | $198.5k |
| Total expenses | $119.6M | $127.4k | $225.3M | $179.6k |
| Total assets | $2.2B | $437.4k | $306.0M | $761.5k |
| Net assets | $266.4M | $410.1k | $162.6M | $615.1k |
| Officer compensation (total per organisation) | $3.3M | $136.3k | $2.6M | $114.3k |
| Program service revenue share | 89.9% | 0.0% | 92.5% | 13.4% |
| Contributions share of revenue | 0.0% | 79.5% | 0.8% | 55.6% |
| Officer compensation share of expenses | 2.7% | 7.9% | 0.9% | 6.6% |
| Months of reserves | 26.7 months | 12.6 months | 7.7 months | 12.4 months |
| Surplus margin | 17.3% | 6.1% | 1.7% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $144.7M | $119.6M | $266.4M | 26.7 months | $3.3M | 2,185 |
| 2023 | $122.0M | $96.1M | $241.2M | 30.1 months | $2.6M | 4,549 |
| 2022 | $95.6M | $74.2M | $222.2M | 35.9 months | $2.8M | 5,231 |
| 2020 | $90.9M | $76.9M | $176.4M | 27.5 months | $2.2M | 4,576 |
| 2019 | $84.0M | $74.3M | $162.3M | 26.2 months | $2.9M | 4,506 |
| 2018 | $76.8M | $65.8M | $152.3M | 27.8 months | $1.9M | 4,578 |
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