Somerset Rural Electric Cooperative Inc
Somerset, Pennsylvania
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $27,920,953↑8% | $26,133,681↑21% | $50,833,413↑5% | |
| 2022 | $25,841,270↑4% | $21,550,169↓3% | $48,366,945↑8% | — |
| 2021 | $24,950,814↑3% | $22,282,208↑7% | $44,691,676↑4% | — |
| 2020 | $24,160,288↑3% | $20,802,216↓3% | $42,860,966↑3% | — |
| 2019 | $23,447,650↑3% | $21,497,325↑1% | $41,812,306↑3% | — |
| 2018 | $22,782,534↑6% | $21,223,915↑1% | $40,566,720 | — |
| 2017 | $21,410,884↑5% | $20,990,773↑7% | $40,738,049↓1% | — |
| 2016 | $20,451,194↓4% | $19,664,834↓2% | $41,063,032↓3% | — |
| 2015 | $21,363,531↓6% | $20,161,289↓1% | $42,262,631↑7% | — |
| 2014 | $22,637,175↑5% | $20,454,260↓1% | $39,634,595 | — |
| 2013 | $21,471,159↑9% | $20,601,967↑7% | $39,678,744↑3% | — |
| 2012 | $19,735,478↑1% | $19,192,596↑9% | $38,402,796↑1% | — |
| 2011 | $19,592,842 | $17,650,877 | $37,932,984 | — |
Frequently Asked Questions
What does Somerset Rural Electric Cooperative Inc do?▼
Somerset Rural Electric Cooperative Inc is a unclassified nonprofit organization based in Pennsylvania. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somerset Rural Electric Cooperative Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Somerset Rural Electric Cooperative Inc has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Somerset Rural Electric Cooperative Inc generate?▼
Somerset Rural Electric Cooperative Inc reports $28.2M in annual revenue and holds $52.0M in total assets, based on IRS filings.
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