Gale Credit Union
Galesburg, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,758,770↑71% | $2,363,454↑92% | $56,771,560↑45% | |
| 2022 | $1,613,031 | $1,230,384↑4% | $39,198,216↑10% | — |
| 2021 | $1,613,821↑11% | $1,183,611↑6% | $35,515,848↑12% | — |
| 2020 | $1,452,341↑15% | $1,119,512↓8% | $31,803,568↑23% | — |
| 2018 | $1,261,417↓5% | $1,223,323↓27% | $25,859,159↓2% | — |
| 2017 | $1,329,315↑7% | $1,685,437↑15% | $26,410,255↓3% | — |
| 2016 | $1,242,818↑14% | $1,465,037↑49% | $27,118,092↑1% | — |
| 2015 | $1,086,809↑16% | $980,996↑8% | $26,804,052↑3% | — |
| 2014 | $933,025↑2% | $906,027 | $26,148,875↓1% | — |
| 2013 | $915,615↓8% | $902,035↓6% | $26,367,586↑6% | — |
| 2012 | $993,441↓8% | $957,278↓10% | $24,907,465 | — |
| 2011 | $1,082,817 | $1,065,073 | $25,005,528 | — |
Frequently Asked Questions
What does Gale Credit Union do?▼
Gale Credit Union is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Gale Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Gale Credit Union has a score of 70/100 (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 Gale Credit Union generate?▼
Gale Credit Union reports $3.7M in annual revenue and holds $59.9M in total assets, based on IRS filings.
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