Wells Rural Electric Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,208,406 | 36,143,419 | 64,987 | 5.8 | 10% |
| 2012 | 39,042,040 | 39,052,177 | −10,137 | 5.6 | 8% |
| 2013 | 40,594,808 | 40,548,894 | 45,914 | 5.5 | 9% |
| 2014 | 41,840,003 | 41,810,983 | 29,020 | 6.1 | 9% |
| 2015 | 41,769,469 | 41,713,986 | 55,483 | 5.6 | 9% |
| 2016 | 42,879,636 | 42,812,896 | 66,740 | 5.5 | 10% |
| 2017 | 43,921,911 | 43,829,619 | 92,292 | 5.4 | 10% |
| 2018 | 45,364,476 | 45,239,451 | 125,025 | 5.4 | 9% |
| 2019 | 43,966,550 | 43,842,865 | 123,685 | 5.6 | 9% |
| 2020 | 45,000,714 | 45,091,659 | −90,945 | 6.0 | 8% |
| 2021 | 46,093,733 | 45,197,497 | 896,236 | 6.5 | 9% |
| 2022 | 45,338,751 | 45,284,881 | 53,870 | 7.5 | 9% |
| 2023 | 50,220,902 | 43,638,774 | 6,582,128 | 10.2 | 10% |
In its most recent public year (2023), this organization brought in $6,582,128 more than it spent. Its reserves stood at about 10.2 months of spending, up from 5.8 in 2011. Staff pay was 10% 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
Wells Rural Electric Co'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