Wake Electric Membership Corp.
Wake Forest, North 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 | $105,727,856↑1% | $105,727,856↑1% | $315,412,174↑6% | — |
| 2022 | $104,928,493↑3% | $104,928,493↑3% | $298,402,185↑6% | — |
| 2021 | $101,861,632↑5% | $101,861,632↑5% | $280,486,920↑8% | — |
| 2020 | $97,434,140↓3% | $97,434,140↓3% | $260,399,357↑6% | — |
| 2019 | $100,355,216↓1% | $100,355,216↓1% | $246,078,938↑4% | — |
| 2018 | $100,876,481↑11% | $100,876,481↑11% | $236,429,522↑4% | — |
| 2017 | $90,838,721↑2% | $90,838,721↑2% | $227,672,889↑4% | — |
| 2016 | $88,836,136↑1% | $88,836,136↑1% | $218,732,777↑4% | — |
| 2015 | $88,209,039↑5% | $88,209,039↑5% | $210,773,460↑4% | — |
| 2014 | $84,132,517↑2% | $84,132,517↑2% | $203,235,772↑4% | — |
| 2013 | $82,762,636↑10% | $82,762,636↑10% | $196,149,269↑5% | — |
| 2012 | $75,002,744↓4% | $75,002,744↓4% | $187,226,294↑5% | — |
| 2011 | $77,971,092 | $77,971,092 | $177,701,528 | — |
Frequently Asked Questions
What does Wake Electric Membership Corp. do?▼
Wake Electric Membership Corp. is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wake Electric Membership Corp. financially healthy?▼
Based on our 9-metric Financial Health Score model, Wake Electric Membership Corp. 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 Wake Electric Membership Corp. generate?▼
Wake Electric Membership Corp. reports $116.7M in annual revenue and holds $335.4M in total assets, based on IRS filings.
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