nonprofit · EIN 35-0188040 · IN
How much does BOONE REMC raise and spend?
BOONE REMC (IN, EIN 35-0188040) reported $76.5M in revenue and $63.8M in expenses for tax year 2024, with $87.8M in net assets (16.5 months of reserves). By expenses that ranks 3,793 of 391,588 e-filers, 88 of 8,123 nonprofits in indiana.
What stands out
BOONE REMC (IN, EIN 35-0188040) reported $76.5M in revenue and $63.8M in expenses for tax year 2024, with $87.8M in net assets (16.5 months of reserves). By expenses that ranks 3,793 of 391,588 e-filers, 88 of 8,123 nonprofits in indiana. Against nonprofits with $10M-$100M in expenses: months of reserves 16.5 months, above the peer median of 9.5 months; officer compensation share of expenses 1.5%, below the peer median of 2.6%; contributions share of revenue 0.0%, below the peer median of 12.5%; surplus margin 16.7%, above the peer median of 2.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $76.5M | — | $21.4M | $198.5k |
| Total expenses | $63.8M | — | $20.3M | $179.6k |
| Total assets | $176.3M | — | $29.5M | $761.5k |
| Net assets | $87.8M | — | $17.4M | $615.1k |
| Officer compensation (total per organisation) | $926.4k | — | $625.8k | $114.3k |
| Program service revenue share | 96.0% | — | 73.7% | 13.4% |
| Contributions share of revenue | 0.0% | — | 12.5% | 55.6% |
| Officer compensation share of expenses | 1.5% | — | 2.6% | 6.6% |
| Months of reserves | 16.5 months | — | 9.5 months | 12.4 months |
| Surplus margin | 16.7% | — | 2.1% | 4.3% |
Year by year
4 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $76.5M | $63.8M | $87.8M | 16.5 months | $926.4k | 3,793 |
| 2023 | $69.1M | $59.0M | $75.2M | 15.3 months | $1.5M | 6,847 |
| 2022 | $63.1M | $58.6M | $61.5M | 12.6 months | $1.3M | 6,319 |
| 2021 | $60.2M | $54.5M | $57.1M | 12.6 months | $1.2M | 4,273 |
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