Operating record

Orcas Power & Light Cooperative

Eastsound, WA · EIN 91-0348358 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$31,088,422$32,473,333−$1,384,91114.23%
2021$35,371,006$35,802,437−$431,43114.13%
2022$36,286,957$36,369,556−$82,59914.83%
2023$39,416,329$37,571,378$1,844,95116.43%

In its most recent public year (2023), this organization brought in $1,844,951 more than it spent. Its reserves stood at about 16.4 months of spending, up from 14.2 in 2020. Staff pay was 3% 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 ↗