WPublic & Societal BenefitEIN: 420297955· Ruling Year: 1939

Harrison County Rural Electric Cooperative

Woodbine, Iowa

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.33×
Peer Median11.38×
💰
$15.3M
Total Revenue
📊
$14.5M
Total Expenses
🏦
$19.4M
Net Assets
📋
$22.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.6%
Year-over-year change (2022 → 2023)
Net Margin
+5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.33
Net assets divided by total expenses
Liabilities-to-Assets
53.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$15,279,7154%$14,510,8924%$41,480,1441%
2022$14,745,3968%$14,017,2947%$40,962,14211%
2021$13,659,4291%$13,090,0555%$37,015,9181%
2020$13,829,5633%$13,829,5633%$36,734,5868%
2019$14,236,17814%$14,236,17714%$33,922,8913%
2018$12,486,5841%$12,484,7671%$32,910,8331%
2017$12,396,1187%$12,394,5517%$32,570,4011%
2016$11,537,2751%$11,535,8201%$32,187,015
2015$11,405,5214%$11,405,3702%$32,162,7141%
2014$11,868,9581%$11,211,1263%$31,783,52311%
2013$11,711,17015%$10,878,4187%$28,588,73413%
2012$10,213,4338%$10,137,58014%$25,290,5503%
2011$9,464,536$8,913,562$24,459,538

Frequently Asked Questions

What does Harrison County Rural Electric Cooperative do?

Harrison County Rural Electric Cooperative is a public & societal benefit nonprofit organization based in Iowa. It is classified under NTEE code W80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Harrison County Rural Electric Cooperative financially healthy?

Based on our 9-metric Financial Health Score model, Harrison County Rural Electric Cooperative has a score of 73/100 (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 Harrison County Rural Electric Cooperative generate?

Harrison County Rural Electric Cooperative reports $15.1M in annual revenue and holds $41.6M in total assets, based on IRS filings.

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Harrison County Rural Electric Cooperative — Woodbine, IA | GiveScope