WPublic & Societal BenefitEIN: 041106850· Ruling Year: 2025

First Priority Credit Union

East Boston, Massachusetts

B-Health Score
46B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

5-point penalty for stale filing data

💰
$3.8M
Total Revenue
📊
$5.0M
Total Expenses
🏦
$18.4M
Net Assets
📋
$99.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.6%
Year-over-year change (2019 → 2020)
Net Margin
-34.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.65
Net assets divided by total expenses
Liabilities-to-Assets
84.4%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2020$3,753,35519%$5,034,15312%$117,976,56411%
2019$4,612,4554%$4,500,7228%$105,907,823
2018$4,447,4794%$4,186,2378%$105,997,996
2017$4,287,0123%$3,887,3001%$106,213,6381%
2016$4,181,9974%$3,928,0751%$104,975,572
2015$4,357,3412%$3,903,2132%$105,041,5501%
2014$4,275,4744%$3,983,5008%$104,409,5102%
2013$4,434,22710%$4,313,03615%$106,800,9186%
2012$4,941,41417%$5,087,41713%$113,530,4447%
2011$5,934,227$5,834,758$121,923,182

Frequently Asked Questions

What does First Priority Credit Union do?

First Priority Credit Union is a public & societal benefit nonprofit organization based in Massachusetts. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Priority Credit Union financially healthy?

Based on our 9-metric Financial Health Score model, First Priority Credit Union has a score of 46/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does First Priority Credit Union generate?

First Priority Credit Union reports $6.2M in annual revenue and holds $129.1M in total assets, based on IRS filings.

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