Whatcom Educational Credit Union
Bellingham, WA 98225 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $184,450,455 | $172,171,853 | $366,492,269 |
| FY2024 | $166,494,738 | $154,291,742 | $349,581,204 |
| FY2023 | $138,092,209 | $119,310,663 | $335,978,263 |
| FY2022 | $98,737,059 | $68,523,716 | $316,888,608 |
| FY2021 | $85,746,120 | $64,051,386 | $295,279,348 |
| FY2020 | $85,917,838 | $71,003,755 | $273,972,908 |
| FY2019 | $86,913,366 | $72,182,050 | $259,058,825 |
| FY2018 | $81,002,988 | $67,030,910 | $244,327,509 |
| FY2017 | $70,172,399 | $51,547,262 | $230,803,397 |
| FY2016 | $62,872,274 | $47,429,375 | $211,432,553 |
| FY2013 | $50,937,148 | $37,199,212 | $170,955,744 |
| FY2012 | $54,573,748 | $37,675,996 | $156,710,844 |
| FY2011 | $50,000,282 | $36,738,238 | $139,343,072 |
Form 990 filings
The returns filed by Whatcom Educational Credit Union (EIN 91-0712539), 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 | $164,897,008 | 89% |
| Other revenue | $19,553,447 | 11% |
What the numbers show
- Program service revenue made up 89% of total revenue in FY2025.
- Net assets covered about 25.5 months of expenses at the end of the reporting year. That puts it in the 60th percentile among 115 Public & Societal Benefit organizations in WA.
- Total revenue was the highest among 117 Public & Societal Benefit organizations in WA.
- Total revenue rose from $50,000,282 in FY2011 to $184,450,455 in FY2025. Revenue increased in 9 and decreased in 3 of 12 year-over-year comparisons.
- Revenue covered expenses in each of the 13 reported years, FY2011 to FY2025.
- Net assets grew from $139,343,072 to $366,492,269 between FY2011 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
OUR MISSION IS TO MAKE A MEANINGFUL DIFFERENCE IN THE LIVES OF OUR MEMBERS.
IRS status
| Ruling year | 1954 |
| Subsection | 501(c)(14) |
| Program area (NTEE) | W61 — Public & Societal Benefit |
Similar organizations
- Breakthrough Energy Foundation — Kirkland, WA · $32,501,173
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.