Licking Rural Electrification Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,980,534 | 5,138,540 | −158,006 | 3.2 | 0% |
| 2012 | 5,033,884 | 4,414,912 | 618,972 | 5.5 | 0% |
| 2013 | 5,000,763 | 4,714,038 | 286,725 | 5.8 | 0% |
| 2014 | 5,058,812 | 5,045,598 | 13,214 | 5.5 | 0% |
| 2015 | 5,169,668 | 5,074,326 | 95,342 | 5.7 | 0% |
| 2016 | 5,575,801 | 5,418,720 | 157,081 | 5.7 | 0% |
| 2017 | 5,822,070 | 5,581,175 | 240,895 | 6.0 | 0% |
| 2018 | 6,183,136 | 5,338,028 | 845,108 | 8.2 | 0% |
| 2019 | 6,382,439 | 5,679,440 | 702,999 | 9.2 | 0% |
| 2020 | 6,885,862 | 6,106,273 | 779,589 | 10.1 | 0% |
| 2021 | 6,746,380 | 6,128,789 | 617,591 | 11.2 | 0% |
| 2022 | 7,052,600 | 6,630,351 | 422,249 | 11.2 | 0% |
| 2023 | 7,796,769 | 7,387,698 | 409,071 | 10.7 | 0% |
In its most recent public year (2023), this organization brought in $409,071 more than it spent. Its reserves stood at about 10.7 months of spending, up from 3.2 in 2011. Staff pay was 0% 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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