Z — UnclassifiedEIN: 520271943

Choptank Electric Corp.

Denton, Maryland

A-Health Score
75A-

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 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.21×
Peer Median0.87×
💰
$183.4M
Total Revenue
📊
$160.3M
Total Expenses
🏦
$194.5M
Net Assets
📋
$316.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.5%
Year-over-year change (2022 → 2023)
Net Margin
+12.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.21
Net assets divided by total expenses
Liabilities-to-Assets
61.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$183,421,421↑11%$160,337,675↓1%$511,081,877↑5%
2022$164,513,922↑20%$161,680,269↑17%$487,333,208↑13%
2021$137,215,364$137,631,953↑1%$432,450,863↑2%
2020$137,390,491↓8%$136,653,768↓8%$425,098,589↑1%
2019$149,707,367$148,797,799$418,966,377↑2%
2018$149,387,265↑18%$148,262,971↑18%$411,092,213↑3%
2017$126,994,626↓6%$125,617,863↓5%$400,688,924↑6%
2016$135,505,036↓4%$132,830,201↓6%$376,586,136↑3%
2015$141,880,587↑11%$141,106,305↑11%$364,408,512↑5%
2014$127,897,729↑1%$127,014,064↑2%$346,042,062↑2%
2013$126,628,452↑3%$124,093,778↑1%$337,893,303↑2%
2012$122,652,025↓5%$122,793,502↓5%$332,807,877↑3%
2011$128,963,660$128,914,918$322,559,036

Frequently Asked Questions

What does Choptank Electric Corp. do?▼

Choptank Electric Corp. is a unclassified nonprofit organization based in Maryland. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Choptank Electric Corp. financially healthy?▼

Based on our 9-metric Financial Health Score model, Choptank Electric Corp. 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 Choptank Electric Corp. generate?▼

Choptank Electric Corp. reports $182.0M in annual revenue and holds $514.2M in total assets, based on IRS filings.

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