CSCharityScored
90

New Horizons Credit Union

Other · Mobile, Alabama

622 Azalea Rd, Mobile, AL 36609-1530

EIN: 630767402· Founded: Dec 1972· 54 years active· Filing Year: 2023

Annual Revenue

$12.7M

Total Expenses

$11.3M

Total Assets

$276.3M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$288K

2.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.4M

Total Payroll

$3.7M

32% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 32%
Other overhead: 3%
Program Revenue$11.0M (87%)
Total Expenses$11.3M (89%)
Payroll$3.7M (32%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$12.7M annual revenue

15%

Executive Compensation

$288K total officer comp (2.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$276.3M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.