Newberry Electric Cooperative INC
Newberry, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M 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 | $48,559,358↑6% | $48,559,358↑6% | $100,587,926↑7% | |
| 2022 | $45,705,196↑8% | $45,705,196↑10% | $94,155,817↑5% | — |
| 2021 | $42,292,630↑3% | $41,676,814↑2% | $89,309,961↑8% | — |
| 2020 | $41,242,289↑7% | $40,715,786↑2% | $82,349,560↑5% | — |
| 2019 | $38,703,710↓1% | $39,846,026↑1% | $78,497,024↑2% | — |
| 2018 | $39,280,652↑11% | $39,280,652↑11% | $77,021,825↑11% | — |
| 2017 | $35,516,481↑1% | $35,516,481↑1% | $69,535,129↑4% | — |
| 2016 | $35,109,859↑4% | $35,109,859↑4% | $67,070,496↑15% | — |
| 2015 | $33,736,151↓5% | $33,736,151↓5% | $58,556,276↑1% | — |
| 2014 | $35,651,914↑14% | $35,651,914↑14% | $58,095,223↑8% | — |
| 2013 | $31,392,783↑2% | $31,392,783↑2% | $53,765,432↑7% | — |
| 2012 | $30,772,371↓5% | $30,772,371↓5% | $50,030,818↓1% | — |
| 2011 | $32,329,739 | $32,329,739 | $50,539,215 | — |
Frequently Asked Questions
What does Newberry Electric Cooperative INC do?▼
Newberry 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 Newberry Electric Cooperative INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Newberry Electric Cooperative INC has a score of 59/100 (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 Newberry Electric Cooperative INC generate?▼
Newberry Electric Cooperative INC reports $53.7M in annual revenue and holds $112.6M in total assets, based on IRS filings.
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