ZUnclassifiedEIN: 510011975

Delaware Electric Cooperative INC

Greenwood, Delaware

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 Org0.99×
Peer Median0.87×
💰
$245.3M
Total Revenue
📊
$231.5M
Total Expenses
🏦
$229.7M
Net Assets
📋
$203.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.1%
Year-over-year change (2022 → 2023)
Net Margin
+5.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.99
Net assets divided by total expenses
Liabilities-to-Assets
47.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$245,267,8418%$231,540,9189%$432,972,4041%
2022$226,822,12620%$212,282,14417%$429,246,8639%
2021$189,130,063$181,830,032$392,759,5699%
2020$188,253,074$181,762,662$361,052,0837%
2019$189,153,3426%$181,091,6755%$335,889,7254%
2018$178,782,1319%$172,438,9036%$323,949,8382%
2017$163,930,0752%$162,203,3362%$317,027,7463%
2016$167,556,3692%$166,248,4863%$307,886,2177%
2015$163,545,0896%$161,846,5776%$289,064,5583%
2014$154,105,5136%$152,583,0576%$281,037,9655%
2013$145,698,2744%$144,154,4244%$267,915,5824%
2012$140,080,247$138,761,434$257,901,5197%
2011$139,832,426$139,357,150$240,819,277

Frequently Asked Questions

What does Delaware Electric Cooperative INC do?

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

Is Delaware Electric Cooperative INC financially healthy?

Based on our 9-metric Financial Health Score model, Delaware Electric Cooperative INC 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 Delaware Electric Cooperative INC generate?

Delaware Electric Cooperative INC reports $254.8M in annual revenue and holds $452.2M in total assets, based on IRS filings.

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