Licking Rural Electrification Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,570,705 | 45,562,962 | 5,007,743 | 19.1 | 1% |
| 2012 | 52,944,039 | 46,684,043 | 6,259,996 | 20.2 | 1% |
| 2013 | 52,024,552 | 47,708,140 | 4,316,412 | 20.9 | 1% |
| 2014 | 54,569,716 | 49,252,571 | 5,317,145 | 21.5 | 1% |
| 2015 | 53,367,504 | 47,945,874 | 5,421,630 | 23.4 | 2% |
| 2016 | 52,833,769 | 48,868,706 | 3,965,063 | 23.9 | 2% |
| 2017 | 55,183,033 | 50,494,349 | 4,688,684 | 24.2 | 2% |
| 2018 | 58,916,024 | 52,537,855 | 6,378,169 | 24.7 | 1% |
| 2019 | 56,389,062 | 53,580,919 | 2,808,143 | 24.9 | 2% |
| 2020 | 59,136,739 | 53,209,029 | 5,927,710 | 18.3 | 2% |
| 2021 | 64,454,016 | 59,555,618 | 4,898,398 | 17.4 | 3% |
| 2022 | 68,341,532 | 63,774,468 | 4,567,064 | 16.9 | 1% |
| 2023 | 69,207,212 | 66,222,576 | 2,984,636 | 16.8 | 1% |
In its most recent public year (2023), this organization brought in $2,984,636 more than it spent. Its reserves stood at about 16.8 months of spending, down from 19.1 in 2011. Staff pay was 1% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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