Family Savings Credit Union
Rainbow City, AL 35906 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $83,393,539 | $76,035,896 | $90,131,879 |
| FY2023 | $68,085,407 | $57,951,006 | $83,274,067 |
| FY2022 | $50,899,243 | $41,445,214 | $75,361,685 |
| FY2021 | $43,280,897 | $35,911,852 | $66,446,500 |
| FY2020 | $37,344,332 | $31,951,911 | $59,236,761 |
| FY2019 | $36,416,050 | $31,115,740 | $53,144,482 |
| FY2018 | $33,874,477 | $29,548,434 | $47,634,975 |
| FY2017 | $31,567,470 | $30,846,074 | $43,407,940 |
| FY2016 | $30,044,227 | $27,080,181 | $42,753,972 |
| FY2015 | $26,522,914 | $23,589,100 | $39,909,983 |
| FY2014 | $23,958,478 | $21,077,266 | $37,107,319 |
Form 990 filings
The returns filed by Family Savings Credit Union (EIN 63-0355713), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $53,293,292 | 64% |
| Other revenue | $30,100,247 | 36% |
What the numbers show
- Program service revenue made up 64% of total revenue in FY2024.
- Net assets covered about 14.2 months of expenses at the end of the reporting year.
- Total revenue rose from $23,958,478 in FY2014 to $83,393,539 in FY2024. Revenue increased in 10 and decreased in 0 of 10 year-over-year comparisons.
- Revenue covered expenses in each of the 11 reported years, FY2014 to FY2024.
- Net assets grew from $37,107,319 to $90,131,879 between FY2014 and FY2024.
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 PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS
IRS status
| Ruling year | 1971 |
| Subsection | 501(c)(14) |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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