Sharon & Crescent Credit Union
501(c)(14)
Only null% goes to programs Strong reserves Growing revenue
Sharon & Crescent Credit Union is a 501(c)(14) organization based in Sharon, Massachusetts, registered in 1957, with $55,999,113 in FY2024 revenue. CharityIndex grades it B.
30 Pond St, Sharon, MA, 02067 EIN 04-2391206 Since 1957
Revenue (FY2024)
$56.0M
▲ 17.3% vs prior year
Expenses (FY2024)
$52.0M
Net assets
$159.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Sharon & Crescent Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating37 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sharon & Crescent Credit Union: 37 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Sharon & Crescent Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sharon & Crescent Credit Union: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 30 Pond St, Sharon, MA, 02067
- City
- Sharon
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $14.1M (FY2013) to $56.0M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.1BNet assets $159.6M
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$1.1B
Net assets
$159.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $55,999,113▲17.3% | $51,993,380▲19.5% | $159,603,673▲7.0% | $1,243,947,079▼0.3% | 990 |
| 2023 | $47,733,917▲19.4% | $43,495,047▲35.4% | $149,170,352▲9.2% | $1,247,271,764▲0.9% | 990 |
| 2022 | $39,986,184▼2.2% | $32,131,703▼1.9% | $136,548,009▼6.4% | $1,236,549,386▲1.8% | 990 |
| 2021 | $40,886,511▼6.4% | $32,743,090▼22.5% | $145,817,050▲3.4% | $1,214,608,643▲5.0% | 990 |
| 2020 | $43,682,924▲99.3% | $42,239,802▲158% | $141,071,760▲100% | $1,157,249,699▲98.2% | 990 |
| 2018 | $21,913,538▲16.4% | $16,341,762▲13.0% | $70,391,757▲9.0% | $583,979,434▲1.9% | 990 |
| 2017 | $18,820,824▲14.9% | $14,466,361▲9.6% | $64,572,687▲7.0% | $572,936,939▲6.2% | 990 |
| 2016 | $16,376,468▲11.0% | $13,198,811▲9.1% | $60,355,168▲5.5% | $539,372,413▲10.4% | 990 |
| 2015 | $14,756,059▲5.4% | $12,100,644▲0.3% | $57,184,854▲4.4% | $488,703,973▲3.6% | 990 |
| 2014 | $14,004,956▼0.8% | $12,063,149▼3.8% | $54,760,325▲3.7% | $471,810,917▲1.2% | 990 |
| 2013 | $14,119,604 | $12,535,303▼3.2% | $52,820,466▲3.1% | $466,276,335▲2.7% | 990 |
| 2012 | — | $12,952,868▼3.7% | $51,236,165▲5.6% | $453,800,272▲5.1% | 990 |
| 2011 | — | $13,455,091▼3.7% | $48,527,701▲4.8% | $431,592,604▲7.5% | 990 |
| 2010 | — | $13,976,224 | $46,284,894 | $401,625,119 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Sharon & Crescent Credit Union a legitimate nonprofit?
- Yes. Sharon & Crescent Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 04-2391206, based in Sharon, Massachusetts.
- What is Sharon & Crescent Credit Union's EIN?
- Sharon & Crescent Credit Union's Employer Identification Number (EIN) is 04-2391206.
- How much revenue does Sharon & Crescent Credit Union report?
- Sharon & Crescent Credit Union reported $55,999,113 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sharon & Crescent Credit Union have?
- CharityIndex grades Sharon & Crescent Credit Union B, based on financial health (reserves and operating margin).
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Data for Sharon & Crescent Credit Union (EIN 04-2391206) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.