National Rural Electric Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 611,369,685 | 600,790,506 | 10,579,179 | 4.2 | 0% |
| 2012 | 614,951,238 | 597,892,778 | 17,058,460 | 4.7 | 0% |
| 2013 | 588,037,438 | 557,817,739 | 30,219,699 | 5.6 | 0% |
| 2014 | 593,787,190 | 550,060,287 | 43,726,903 | 6.7 | 0% |
| 2015 | 577,281,491 | 552,693,695 | 24,587,796 | 7.1 | 0% |
| 2016 | 606,417,143 | 584,136,826 | 22,280,317 | 7.1 | 0% |
| 2017 | 647,613,115 | 625,250,480 | 22,362,635 | 7.4 | 0% |
| 2018 | 675,312,632 | 648,435,993 | 26,876,639 | 7.4 | 0% |
| 2019 | 722,563,810 | 676,525,480 | 46,038,330 | 8.3 | 0% |
| 2020 | 751,839,593 | 673,295,810 | 78,543,783 | 10.2 | 0% |
| 2021 | 725,806,986 | 719,852,096 | 5,954,890 | 9.7 | 0% |
| 2022 | 725,995,934 | 716,314,025 | 9,681,909 | 8.8 | 0% |
| 2023 | 824,688,034 | 764,466,134 | 60,221,900 | 9.6 | 0% |
In its most recent public year (2023), this organization brought in $60,221,900 more than it spent. Its reserves stood at about 9.6 months of spending, up from 4.2 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
National Rural Electric Cooperative's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works