Z — UnclassifiedEIN: 910333066

Kitsap Credit Union

Bremerton, Washington

B+Health Score
68B+

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 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.02×
Peer Median0.87×
💰
$136.0M
Total Revenue
📊
$127.3M
Total Expenses
🏦
$130.4M
Net Assets
📋
$2.2B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.7%
Year-over-year change (2022 → 2023)
Net Margin
+6.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.02
Net assets divided by total expenses
Liabilities-to-Assets
94.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$135,974,513↑31%$127,345,815↑54%$2,368,604,375↑5%
2022$104,047,497↑21%$82,914,598↑24%$2,255,075,377↑11%
2021$86,231,802↑10%$66,951,388↓12%$2,025,562,127↑17%
2020$78,052,393↑5%$76,130,014↑17%$1,732,585,883↑21%
2019$74,132,215↑13%$65,057,330↑19%$1,435,523,011↑14%
2018$65,434,831↑12%$54,719,899↑11%$1,254,472,738↑6%
2017$58,454,874↑6%$49,328,199↑11%$1,177,997,186↑5%
2016$55,172,588↑15%$44,581,022↑16%$1,124,712,097↑8%
2015$47,896,589↑8%$38,417,699↑12%$1,039,856,088↑5%
2014$44,261,365↓1%$34,152,156↓20%$987,759,193↑3%
2013$44,907,812↓11%$42,715,366↓4%$961,036,950
2012$50,580,614↓2%$44,350,634↓1%$962,776,630↑12%
2011$51,473,478$44,917,719$862,486,634

Frequently Asked Questions

What does Kitsap Credit Union do?▼

Kitsap Credit Union is a unclassified nonprofit organization based in Washington. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Kitsap Credit Union financially healthy?▼

Based on our 9-metric Financial Health Score model, Kitsap Credit Union has a score of 68/100 (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 Kitsap Credit Union generate?▼

Kitsap Credit Union reports $153.7M in annual revenue and holds $2.3B in total assets, based on IRS filings.

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