Mid-carolina Electric Cooperative INC
Lexington, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 664 peers in Unclassified 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 | $144,829,639↓2% | $144,829,639↓2% | $368,946,763↑12% | |
| 2022 | $148,136,586↑13% | $148,136,586↑13% | $329,734,139↑4% | — |
| 2021 | $130,746,610↑1% | $130,746,610↑1% | $316,005,069↑5% | — |
| 2020 | $129,212,311↓3% | $129,212,311↓3% | $301,678,019↑3% | — |
| 2019 | $132,579,704 | $132,579,704 | $293,514,199↑4% | — |
| 2018 | $132,913,236↑6% | $132,913,236↑6% | $282,494,662↑21% | — |
| 2017 | $125,282,082↑2% | $125,282,082↑2% | $233,460,839↑12% | — |
| 2016 | $122,496,409↑1% | $122,496,409↑1% | $208,935,372↑8% | — |
| 2015 | $121,198,189↓8% | $121,198,189↓8% | $193,486,375↓1% | — |
| 2014 | $131,384,378↑14% | $131,384,378↑14% | $195,787,668↑5% | — |
| 2013 | $114,945,190 | $114,945,190 | $186,297,033↑2% | — |
| 2012 | $115,091,056↓2% | $115,091,056↓2% | $182,699,609↑7% | — |
| 2011 | $117,124,006 | $117,124,006 | $171,223,972 | — |
Frequently Asked Questions
What does Mid-carolina Electric Cooperative INC do?▼
Mid-carolina Electric Cooperative INC is a unclassified nonprofit organization based in South Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Mid-carolina Electric Cooperative INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Mid-carolina Electric Cooperative INC has a score of 51/100 (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 Mid-carolina Electric Cooperative INC generate?▼
Mid-carolina Electric Cooperative INC reports $157.8M in annual revenue and holds $403.9M in total assets, based on IRS filings.
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