Beacon Credit Union

Wabash, Indiana

A-Health Score
76A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.76×
Peer Median11.38×
💰
$62.3M
Total Revenue
📊
$58.0M
Total Expenses
🏦
$159.8M
Net Assets
📋
$1.4B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.0%
Year-over-year change (2022 → 2023)
Net Margin
+6.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.76
Net assets divided by total expenses
Liabilities-to-Assets
89.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$62,290,093↑18%$57,983,205↑22%$1,517,175,065↑1%
2022$52,771,406↑12%$47,710,753↑14%$1,501,055,945↓1%
2021$47,143,377↓7%$41,796,166↓8%$1,514,735,601↑8%
2020$50,681,284↓7%$45,600,975↓2%$1,402,627,161↑11%
2019$54,449,737↑4%$46,401,281↑9%$1,260,998,614↑3%
2018$52,574,992↑7%$42,601,418↑5%$1,223,748,110↓1%
2017$49,151,076↑6%$40,609,805↑6%$1,237,692,850↑4%
2016$46,547,270↑16%$38,263,846↑15%$1,187,588,981↑2%
2015$40,077,898↑8%$33,262,330↑8%$1,161,687,265↑11%
2014$37,082,003↓1%$30,691,488↓4%$1,050,680,057
2013$37,611,288↓4%$32,082,792↓3%$1,053,197,466↑5%
2012$39,203,238↓3%$33,183,073↑3%$999,340,120↑8%
2011$40,619,296$32,277,450$925,859,190

Frequently Asked Questions

What does Beacon Credit Union do?▼

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

Is Beacon Credit Union financially healthy?▼

Based on our 9-metric Financial Health Score model, Beacon Credit Union has a score of 76/100 (Grade: A-). 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 Beacon Credit Union generate?▼

Beacon Credit Union reports $71.0M in annual revenue and holds $1.5B in total assets, based on IRS filings.

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