Kit Carson Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,055,196 | 37,944,072 | 1,111,124 | 12.5 | 13% |
| 2012 | 40,863,763 | 40,863,763 | 0 | 12.0 | 12% |
| 2013 | 42,281,729 | 42,281,719 | 10 | 12.0 | 13% |
| 2014 | 41,248,909 | 46,480,609 | −5,231,700 | 11.0 | 11% |
| 2015 | 40,449,110 | 41,693,391 | −1,244,281 | 11.9 | 14% |
| 2016 | 33,412,445 | 45,052,006 | −11,639,561 | 7.9 | 14% |
| 2017 | 48,189,077 | 49,662,379 | −1,473,302 | 6.6 | 13% |
| 2018 | 51,104,032 | 50,825,773 | 278,259 | 6.5 | 12% |
| 2019 | 54,382,608 | 53,955,227 | 427,381 | 6.5 | 13% |
| 2020 | 55,036,472 | 54,437,785 | 598,687 | 6.9 | 10% |
| 2021 | 60,631,894 | 58,682,130 | 1,949,764 | 7.5 | 10% |
| 2022 | 57,387,729 | 56,958,123 | 429,606 | 8.9 | 11% |
| 2023 | 59,264,641 | 59,082,328 | 182,313 | 9.9 | 11% |
In its most recent public year (2023), this organization brought in $182,313 more than it spent. Its reserves stood at about 9.9 months of spending, down from 12.5 in 2011. Staff pay was 11% 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
Kit Carson Electric Cooperative Inc'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