W — Public & Societal BenefitEIN: 361894017· Ruling Year: 2001

Vicinity Credit Union

Chicago, Illinois

B+Health Score
71B+

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 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.58×
Peer Median11.38×
💰
$13.8M
Total Revenue
📊
$14.1M
Total Expenses
🏦
$8.2M
Net Assets
📋
$278.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+46.4%
Year-over-year change (2022 → 2023)
Net Margin
-2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.58
Net assets divided by total expenses
Liabilities-to-Assets
97.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,822,381↑46%$14,104,087↑53%$286,556,422↓3%
2022$9,439,159↑16%$9,232,178↑26%$295,434,711↑13%
2021$8,121,425↑2%$7,302,647↓6%$261,855,618
2020$7,935,047↓10%$7,776,278↓8%$262,017,258↑5%
2019$8,825,010↑31%$8,415,428↑39%$248,793,771↑22%
2018$6,756,927↑10%$6,049,621↑8%$203,864,202↑18%
2017$6,117,826↑1%$5,590,172↑8%$173,371,925↑3%
2016$6,035,898↑12%$5,163,102↓15%$168,702,686↑1%
2015$5,403,574↑10%$6,103,458↑25%$167,376,703↑3%
2014$4,892,436$4,872,051↓5%$162,032,292
2013$4,877,569↓13%$5,107,203↓12%$162,539,881↑8%
2012$5,582,194↓14%$5,787,510↓9%$150,504,549↑4%
2011$6,457,204$6,372,702$144,909,694

Frequently Asked Questions

What does Vicinity Credit Union do?▼

Vicinity 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 Vicinity Credit Union financially healthy?▼

Based on our 9-metric Financial Health Score model, Vicinity Credit Union has a score of 71/100 (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 Vicinity Credit Union generate?▼

Vicinity Credit Union reports $13.3M in annual revenue and holds $275.6M in total assets, based on IRS filings.

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Vicinity Credit Union — Chicago, IL | GiveScope