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$443,875,30327%$404,556,76638%$5,895,172,5932%
2022$350,442,03011%$293,104,69722%$5,751,484,14913%
2021$316,168,14515%$240,408,034$5,072,223,23813%
2020$274,030,9262%$239,877,9145%$4,476,609,95314%
2019$268,990,67613%$227,921,47612%$3,921,954,59313%
2018$238,305,16124%$203,333,00624%$3,483,954,44518%
2017$192,716,84017%$164,439,41720%$2,947,983,58712%
2016$165,334,01811%$136,780,15213%$2,629,405,00611%
2015$149,320,69812%$120,701,17413%$2,358,314,77212%
2014$133,812,9421%$106,360,9272%$2,107,750,56513%
2013$132,003,8014%$103,875,9502%$1,861,645,6855%
2012$126,989,15411%$105,921,5372%$1,778,825,53113%
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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