Horry Electric Cooperative INC
Conway, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 43 peers in Public & Societal Benefit with $100M-$1B 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 | $203,480,097↑11% | $203,480,097↑11% | $459,257,637↑5% | — |
| 2022 | $183,800,746↑5% | $183,800,746↑5% | $437,222,676↑9% | — |
| 2021 | $174,982,022↑3% | $174,982,022↑3% | $401,901,252↑10% | — |
| 2020 | $170,342,849↓2% | $170,342,849↓2% | $365,534,006↑9% | — |
| 2019 | $173,828,705↓3% | $173,828,705↓3% | $335,498,328↑5% | — |
| 2018 | $180,090,688↑8% | $180,090,688↑8% | $318,634,805↑1% | — |
| 2017 | $166,989,743↑4% | $166,989,743↑4% | $314,967,691↑5% | — |
| 2016 | $160,141,777↑1% | $160,141,777↑1% | $301,192,638↑1% | — |
| 2015 | $158,071,381↑1% | $158,071,381↑1% | $297,985,500↑4% | — |
| 2014 | $155,935,677↑8% | $155,935,677↑8% | $287,549,900↑2% | — |
| 2013 | $144,061,204↑6% | $144,061,204↑6% | $282,310,894↑1% | — |
| 2012 | $135,335,855↑3% | $135,335,855↑3% | $280,381,029 | — |
| 2011 | $131,184,231 | $131,184,231 | $279,706,026 | — |
Frequently Asked Questions
What does Horry Electric Cooperative INC do?▼
Horry Electric Cooperative INC is a public & societal benefit nonprofit organization based in South Carolina. It is classified under NTEE code W80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Horry Electric Cooperative INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Horry Electric Cooperative INC has a score of 57/100 (Grade: B). 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 Horry Electric Cooperative INC generate?▼
Horry Electric Cooperative INC reports $215.7M in annual revenue and holds $479.1M in total assets, based on IRS filings.
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