Baxter Credit Union

Vernon Hills, Illinois

BHealth Score
63B

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 43 peers in Public & Societal Benefit with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.30×
Peer Median1.07×
💰
$443.9M
Total Revenue
📊
$404.6M
Total Expenses
🏦
$525.4M
Net Assets
📋
$5.4B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.7%
Year-over-year change (2022 → 2023)
Net Margin
+8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.30
Net assets divided by total expenses
Liabilities-to-Assets
91.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$443,875,303↑27%$404,556,766↑38%$5,895,172,593↑2%
2022$350,442,030↑11%$293,104,697↑22%$5,751,484,149↑13%
2021$316,168,145↑15%$240,408,034$5,072,223,238↑13%
2020$274,030,926↑2%$239,877,914↑5%$4,476,609,953↑14%
2019$268,990,676↑13%$227,921,476↑12%$3,921,954,593↑13%
2018$238,305,161↑24%$203,333,006↑24%$3,483,954,445↑18%
2017$192,716,840↑17%$164,439,417↑20%$2,947,983,587↑12%
2016$165,334,018↑11%$136,780,152↑13%$2,629,405,006↑11%
2015$149,320,698↑12%$120,701,174↑13%$2,358,314,772↑12%
2014$133,812,942↑1%$106,360,927↑2%$2,107,750,565↑13%
2013$132,003,801↑4%$103,875,950↓2%$1,861,645,685↑5%
2012$126,989,154↑11%$105,921,537↑2%$1,778,825,531↑13%
2011$114,207,479$104,002,772$1,580,220,615

Frequently Asked Questions

What does Baxter Credit Union do?▼

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

Is Baxter Credit Union financially healthy?▼

Based on our 9-metric Financial Health Score model, Baxter Credit Union has a score of 63/100 (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 Baxter Credit Union generate?▼

Baxter Credit Union reports $482.8M in annual revenue and holds $6.0B in total assets, based on IRS filings.

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