STATE CHARTERED CREDIT UNIONS INC
RALEIGH, NC 27603 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $2,922,921,560 | $2,645,445,120 | $5,232,156,730 |
| FY2024 | $2,616,980,178 | $2,414,379,999 | $4,616,214,005 |
| FY2023 | $2,176,491,752 | $1,593,476,956 | $4,052,431,985 |
| FY2022 | $1,663,323,190 | $1,107,033,903 | $3,695,663,394 |
| FY2021 | $1,639,456,686 | $1,206,510,123 | $3,908,527,150 |
| FY2020 | $1,692,752,969 | $1,486,066,717 | $3,704,737,922 |
| FY2019 | $1,685,013,461 | $1,441,021,781 | $3,368,212,363 |
| FY2018 | $1,501,185,216 | $1,207,551,463 | $2,999,393,094 |
| FY2016 | $1,205,116,084 | $962,503,799 | $2,634,187,175 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $2,385,786,215 | 100% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Net assets covered about 23.7 months of expenses at the end of the reporting year.
- Total revenue rose from $1,205,116,084 in FY2016 to $2,922,921,560 in FY2025, Revenue increased in 7 and decreased in 1 of 8 year-over-year comparisons.
- Revenue covered expenses in each of the 9 reported years, FY2016 to FY2025.
- Net assets grew from $2,634,187,175 to $5,232,156,730 between FY2016 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO BE THE TRUSTED PROVIDER OF FINANCIAL SERVICES TO EVERY ELIGIBLE MEMBER AND TO ENHANCE THE QUALITY OF THEIR LIVES AND FINANCIAL WELL-BEING WHILE MAINTAINING OUR FISCAL STRENGTH.
IRS status
| Ruling year | 1969 |
| Subsection | 501(c)(14) |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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