nonprofit · EIN 54-0346923 · VA
How much does NORTHERN VIRGINIA ELECTRIC CO-OP raise and spend?
NORTHERN VIRGINIA ELECTRIC CO-OP (VA, EIN 54-0346923) reported $875.4M in revenue and $858.8M in expenses for tax year 2023, with $844.6M in net assets (11.8 months of reserves). By expenses that ranks 619 of 539,974 e-filers, 17 of 14,403 nonprofits in virginia.
What stands out
NORTHERN VIRGINIA ELECTRIC CO-OP (VA, EIN 54-0346923) reported $875.4M in revenue and $858.8M in expenses for tax year 2023, with $844.6M in net assets (11.8 months of reserves). By expenses that ranks 619 of 539,974 e-filers, 17 of 14,403 nonprofits in virginia. Against nonprofits over $100M in expenses: months of reserves 11.8 months, above the peer median of 7.4 months; officer compensation share of expenses 0.4%, below the peer median of 0.8%; contributions share of revenue 0.0%, below the peer median of 1.2%; surplus margin 1.9%, 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 | $875.4M | — | $236.7M | $194.7k |
| Total expenses | $858.8M | — | $231.0M | $178.5k |
| Total assets | $1.4B | — | $318.0M | $775.3k |
| Net assets | $844.6M | — | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $3.5M | — | $2.4M | $113.0k |
| Program service revenue share | 98.7% | — | 93.3% | 13.8% |
| Contributions share of revenue | 0.0% | — | 1.2% | 57.5% |
| Officer compensation share of expenses | 0.4% | — | 0.8% | 6.5% |
| Months of reserves | 11.8 months | — | 7.4 months | 12.6 months |
| Surplus margin | 1.9% | — | 1.1% | 3.9% |
Year by year
5 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $875.4M | $858.8M | $844.6M | 11.8 months | $3.5M | 619 |
| 2022 | $998.1M | $986.2M | $817.1M | 9.9 months | $3.0M | 504 |
| 2020 | $525.2M | $502.8M | $781.1M | 18.6 months | $3.5M | 862 |
| 2019 | $574.8M | $549.3M | $756.2M | 16.5 months | $2.2M | 728 |
| 2018 | $538.8M | $520.3M | $722.7M | 16.7 months | $2.2M | 717 |
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