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nonprofit · EIN 88-0062898 · NV

How much does Silver State Schools Credit Union raise and spend?

Silver State Schools Credit Union (NV, EIN 88-0062898) reported $58.3M in revenue and $51.2M in expenses for tax year 2023, with $75.8M in net assets (17.8 months of reserves). By expenses that ranks 7,681 of 539,974 e-filers, 30 of 2,843 nonprofits in nevada.

REVENUE: $58.3MEXPENSES: $51.2MRESERVES: 17.8 months5 filings

Cite: FACTANKER, https://factanker.com/nonprofit/880062898-silver-state-schools-credit-union

What stands out

Silver State Schools Credit Union (NV, EIN 88-0062898) reported $58.3M in revenue and $51.2M in expenses for tax year 2023, with $75.8M in net assets (17.8 months of reserves). By expenses that ranks 7,681 of 539,974 e-filers, 30 of 2,843 nonprofits in nevada. Against nonprofits with $10M-$100M in expenses: months of reserves 17.8 months, above the peer median of 9.0 months; officer compensation share of expenses 4.7%, above the peer median of 2.5%; contributions share of revenue 0.0%, below the peer median of 13.8%; surplus margin 12.2%, above the peer median of 1.8%.

Key figures, tax year 2023

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.

Measure2023Median, activityMedian, sizeMedian, all
Total revenue$58.3M—$21.6M$194.7k
Total expenses$51.2M—$20.9M$178.5k
Total assets$1.1B—$29.9M$775.3k
Net assets$75.8M—$17.0M$622.5k
Officer compensation (total per organisation)$2.4M—$609.0k$113.0k
Program service revenue share90.6%—74.7%13.8%
Contributions share of revenue0.0%—13.8%57.5%
Officer compensation share of expenses4.7%—2.5%6.5%
Months of reserves17.8 months—9.0 months12.6 months
Surplus margin12.2%—1.8%3.9%

Year by year

5 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2023$58.3M$51.2M$75.8M17.8 months$2.4M7,681
2022$49.9M$38.7M$70.2M21.8 months$1.7M8,877
2020$42.1M$37.8M$83.0M26.3 months$1.3M8,168
2019$43.5M$35.2M$79.5M27.1 months$1.5M8,314
2018$41.0M$28.6M$71.2M29.9 months$1.3M8,903

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