nonprofit · EIN 57-0128696 · SC
How much does BROAD RIVER ELECTRIC COOPERATIVE raise and spend?
BROAD RIVER ELECTRIC COOPERATIVE (SC, EIN 57-0128696) reported $62.3M in revenue and $62.4M in expenses for tax year 2024, with $50.4M in net assets (9.7 months of reserves). By expenses that ranks 3,875 of 391,588 e-filers, 49 of 4,829 nonprofits in south carolina.
What stands out
BROAD RIVER ELECTRIC COOPERATIVE (SC, EIN 57-0128696) reported $62.3M in revenue and $62.4M in expenses for tax year 2024, with $50.4M in net assets (9.7 months of reserves). By expenses that ranks 3,875 of 391,588 e-filers, 49 of 4,829 nonprofits in south carolina. Against nonprofits with $10M-$100M in expenses: months of reserves 9.7 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 -0.1%, below 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 | $62.3M | — | $21.4M | $198.5k |
| Total expenses | $62.4M | — | $20.3M | $179.6k |
| Total assets | $166.7M | — | $29.5M | $761.5k |
| Net assets | $50.4M | — | $17.4M | $615.1k |
| Officer compensation (total per organisation) | $925.4k | — | $625.8k | $114.3k |
| Program service revenue share | 99.8% | — | 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 | 9.7 months | — | 9.5 months | 12.4 months |
| Surplus margin | -0.1% | — | 2.1% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $62.3M | $62.4M | $50.4M | 9.7 months | $925.4k | 3,875 |
| 2023 | $56.2M | $56.3M | $46.9M | 10.0 months | $976.5k | 7,100 |
| 2022 | $56.4M | $56.6M | $44.5M | 9.4 months | $701.7k | 6,515 |
| 2020 | $51.9M | $51.9M | $36.9M | 8.5 months | $547.7k | 6,323 |
| 2019 | $53.8M | $53.8M | $33.4M | 7.5 months | $526.6k | 5,874 |
| 2018 | $54.8M | $54.8M | $29.2M | 6.4 months | $530.1k | 5,315 |
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