Forrit Credit Union
Clackamas, Oregon
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,552,072↑24% | $4,328,101↑15% | $98,950,614↓3% | |
| 2022 | $3,668,740↑11% | $3,773,118↑21% | $102,177,265↓3% | — |
| 2021 | $3,304,560↓4% | $3,106,641↑1% | $105,147,440↑10% | — |
| 2020 | $3,459,575↓11% | $3,063,285↓7% | $95,505,501↑12% | — |
| 2019 | $3,882,118↑7% | $3,292,950↑18% | $85,103,643↓4% | — |
| 2018 | $3,613,816↑14% | $2,787,685 | $88,297,148↑1% | — |
| 2017 | $3,181,844↑5% | $2,789,166↑2% | $87,629,683↑2% | — |
| 2016 | $3,030,018↑2% | $2,735,732↑2% | $85,499,014↑6% | — |
| 2015 | $2,969,193↑5% | $2,689,858↑6% | $80,796,873↑6% | — |
| 2014 | $2,825,457 | $2,542,302↑2% | $75,974,448↑4% | — |
| 2013 | $2,831,164↓4% | $2,500,356↑3% | $72,771,546↑4% | — |
| 2012 | $2,936,349↑1% | $2,425,642↓6% | $70,001,796↑2% | — |
| 2011 | $2,905,227 | $2,575,951 | $68,322,245 | — |
Frequently Asked Questions
What does Forrit Credit Union do?▼
Forrit Credit Union is a unclassified nonprofit organization based in Oregon. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forrit Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Forrit Credit Union has a score of 83/100 (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 Forrit Credit Union generate?▼
Revenue data for Forrit Credit Union is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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