ZUnclassifiedEIN: 570210417

Mid-carolina Electric Cooperative INC

Lexington, South Carolina

B-Health Score
51B-

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)

This Org0.59×
Peer Median0.87×
💰
$144.8M
Total Revenue
📊
$144.8M
Total Expenses
🏦
$85.6M
Net Assets
📋
$283.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.2%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.59
Net assets divided by total expenses
Liabilities-to-Assets
76.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$144,829,6392%$144,829,6392%$368,946,76312%
2022$148,136,58613%$148,136,58613%$329,734,1394%
2021$130,746,6101%$130,746,6101%$316,005,0695%
2020$129,212,3113%$129,212,3113%$301,678,0193%
2019$132,579,704$132,579,704$293,514,1994%
2018$132,913,2366%$132,913,2366%$282,494,66221%
2017$125,282,0822%$125,282,0822%$233,460,83912%
2016$122,496,4091%$122,496,4091%$208,935,3728%
2015$121,198,1898%$121,198,1898%$193,486,3751%
2014$131,384,37814%$131,384,37814%$195,787,6685%
2013$114,945,190$114,945,190$186,297,0332%
2012$115,091,0562%$115,091,0562%$182,699,6097%
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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