nonprofit · EIN 53-0116145 · VA
How much does National Rural Electric Cooperative raise and spend?
National Rural Electric Cooperative (VA, EIN 53-0116145) reported $213.2M in revenue and $204.8M in expenses for tax year 2023, with $100.3M in net assets (5.9 months of reserves). By expenses that ranks 2,414 of 539,974 e-filers, 68 of 14,403 nonprofits in virginia.
What stands out
National Rural Electric Cooperative (VA, EIN 53-0116145) reported $213.2M in revenue and $204.8M in expenses for tax year 2023, with $100.3M in net assets (5.9 months of reserves). By expenses that ranks 2,414 of 539,974 e-filers, 68 of 14,403 nonprofits in virginia. Against nonprofits over $100M in expenses: months of reserves 5.9 months, below the peer median of 7.4 months; officer compensation share of expenses 3.6%, above the peer median of 0.8%; contributions share of revenue 0.0%, below the peer median of 1.2%; surplus margin 3.9%, above the peer median of 1.1%.
Key figures, tax year 2023
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 | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $213.2M | — | $236.7M | $194.7k |
| Total expenses | $204.8M | — | $231.0M | $178.5k |
| Total assets | $263.1M | — | $318.0M | $775.3k |
| Net assets | $100.3M | — | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $7.4M | — | $2.4M | $113.0k |
| Program service revenue share | 88.0% | — | 93.3% | 13.8% |
| Contributions share of revenue | 0.0% | — | 1.2% | 57.5% |
| Officer compensation share of expenses | 3.6% | — | 0.8% | 6.5% |
| Months of reserves | 5.9 months | — | 7.4 months | 12.6 months |
| Surplus margin | 3.9% | — | 1.1% | 3.9% |
Year by year
4 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $213.2M | $204.8M | $100.3M | 5.9 months | $7.4M | 2,414 |
| 2022 | $205.7M | $205.0M | $92.7M | 5.4 months | $8.5M | 2,277 |
| 2019 | $202.8M | $202.0M | $93.5M | 5.6 months | $6.0M | 1,960 |
| 2018 | $194.1M | $194.1M | $92.4M | 5.7 months | $5.3M | 1,902 |
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