Health Credit Union
Birmingham, Alabama
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.6M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$6.0M
Net Assets
📋
$20.6M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+16.6%
Year-over-year change (2022 → 2023)
Net Margin
+17.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.67
Net assets divided by total expenses
Liabilities-to-Assets
77.4%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,562,792↑17% | $1,289,038↑31% | $26,596,908↓1% | — |
| 2022 | $1,340,434↑18% | $986,654↑9% | $26,876,043↑7% | — |
| 2021 | $1,139,628↑10% | $907,870↑5% | $25,226,298↑13% | — |
| 2020 | $1,039,575↑1% | $861,413↓7% | $22,319,355↑12% | — |
| 2019 | $1,027,537↑3% | $922,555↓4% | $19,962,216↑4% | — |
| 2018 | $996,962↑5% | $958,103↑3% | $19,127,467↓2% | — |
| 2017 | $951,208↑2% | $931,901↑6% | $19,584,622 | — |
| 2016 | $930,756↓2% | $875,116↑4% | $19,543,719↓2% | — |
| 2015 | $946,221↓1% | $843,350↑2% | $19,985,474 | — |
| 2014 | $957,169↓7% | $824,084↓7% | $20,024,192↓3% | — |
| 2013 | $1,025,490 | $883,947 | $20,650,640 | — |
Frequently Asked Questions
What does Health Credit Union do?▼
Health Credit Union is a public & societal benefit nonprofit organization based in Alabama. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Health Credit Union financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Health Credit Union.
How much revenue does Health Credit Union generate?▼
Health Credit Union reports $1.9M in annual revenue and holds $27.6M in total assets, based on IRS filings.
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