TPhilanthropy, Voluntarism & GrantmakingEIN: 562255292· Ruling Year: 2002

State Employees Credit Union Foundation

Raleigh, North Carolina

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.51×
Peer Median18.82×
💰
$20.3M
Total Revenue
📊
$21.8M
Total Expenses
🏦
$32.8M
Net Assets
📋
$32.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.7%
Year-over-year change (2022 → 2023)
Net Margin
-7.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.51
Net assets divided by total expenses
Liabilities-to-Assets
50.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$20,266,5935%$21,784,04020%$65,685,0788%
2022$19,356,0325%$18,183,0667%$60,769,20011%
2021$18,518,1263%$16,937,22832%$54,794,7682%
2020$17,925,1034%$24,884,699143%$53,536,6066%
2019$17,242,70630%$10,234,2927%$57,233,05336%
2015$13,238,0477%$11,018,57224%$41,971,23310%
2014$12,347,7578%$14,520,18577%$38,171,73816%
2013$11,422,96910%$8,187,5178%$33,023,47415%
2012$10,369,8789%$7,555,55019%$28,689,3167%
2011$9,535,574$9,367,444$26,894,086

Frequently Asked Questions

What does State Employees Credit Union Foundation do?

State Employees Credit Union Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T23 and is registered as a 501(c) tax-exempt organization with the IRS.

Is State Employees Credit Union Foundation financially healthy?

Based on our 9-metric Financial Health Score model, State Employees Credit Union Foundation has a score of 61/100 (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 State Employees Credit Union Foundation generate?

Revenue data for State Employees Credit Union Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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