Winsouth Credit Union
Gadsden, AL 35904 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $29,117,164 | $26,148,242 | $33,615,623 |
| FY2024 | $26,739,338 | $24,150,505 | $25,766,397 |
| FY2023 | $23,682,218 | $19,557,797 | $20,096,629 |
| FY2022 | $20,131,767 | $16,720,847 | $17,614,752 |
| FY2021 | $21,033,823 | $15,051,216 | $32,000,488 |
| FY2020 | $13,845,071 | $12,912,980 | $23,057,967 |
| FY2019 | $14,680,069 | $13,653,019 | $23,807,462 |
| FY2018 | $14,014,223 | $12,611,462 | $22,210,625 |
| FY2017 | $13,333,374 | $11,874,914 | $21,150,836 |
| FY2016 | $12,931,274 | $11,706,679 | $19,284,700 |
| FY2015 | $12,778,807 | $11,611,515 | $18,732,148 |
| FY2014 | $12,865,856 | $11,401,127 | $17,951,677 |
| FY2013 | $13,328,651 | $13,019,079 | $15,920,767 |
| FY2012 | $14,773,784 | $13,186,721 | $16,093,420 |
Form 990 filings
The returns filed by Winsouth Credit Union (EIN 63-0371386), 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 | $17,228,830 | 59% |
| Other revenue | $11,888,334 | 41% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $26,148,242 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 59% of total revenue in FY2025.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2025.
- Net assets covered about 15.4 months of expenses at the end of the reporting year.
- Total revenue rose from $14,773,784 in FY2012 to $29,117,164 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $16,093,420 to $33,615,623 between FY2012 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 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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.