ZUnclassifiedEIN: 590469125

Sumter Electric Cooperative INC

Sumterville, Florida

BHealth Score
63B

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 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.78×
Peer Median0.87×
💰
$483.0M
Total Revenue
📊
$472.5M
Total Expenses
🏦
$366.9M
Net Assets
📋
$856.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.1%
Year-over-year change (2022 → 2023)
Net Margin
+2.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.78
Net assets divided by total expenses
Liabilities-to-Assets
70.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$482,988,38510%$472,468,32810%$1,223,281,6399%
2022$537,389,47822%$526,256,10723%$1,126,136,13517%
2021$440,111,1184%$426,958,0485%$962,585,5737%
2020$424,311,8486%$407,892,5414%$900,033,8033%
2019$399,700,6631%$393,190,316$876,209,9125%
2018$394,595,6396%$391,396,4366%$838,159,4105%
2017$370,783,8762%$369,589,9502%$797,423,7587%
2016$363,912,6523%$363,430,4151%$743,096,5623%
2015$375,983,8233%$367,892,4843%$724,709,7445%
2014$365,150,0937%$357,766,6458%$693,332,8206%
2013$341,327,1053%$331,300,4442%$653,670,9926%
2012$331,740,671$323,628,566$614,109,9915%
2011$330,946,105$324,246,629$584,378,175

Frequently Asked Questions

What does Sumter Electric Cooperative INC do?

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

Is Sumter Electric Cooperative INC financially healthy?

Based on our 9-metric Financial Health Score model, Sumter Electric Cooperative INC has a score of 63/100 (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 Sumter Electric Cooperative INC generate?

Sumter Electric Cooperative INC reports $523.5M in annual revenue and holds $1.4B in total assets, based on IRS filings.

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