South Kentucky Rural Electric Cooperative Corp.
Somerset, Kentucky
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 | $153,526,188↓8% | $153,526,188↓8% | $351,424,686↑2% | |
| 2022 | $167,099,707↑18% | $167,099,707↑18% | $345,027,547↑6% | — |
| 2021 | $141,398,452↑12% | $141,398,452↑12% | $324,255,253↑1% | — |
| 2020 | $126,122,119↓4% | $126,122,119↓4% | $322,150,197↑5% | — |
| 2019 | $132,050,044↓3% | $132,050,044↓3% | $307,255,472↓1% | — |
| 2018 | $135,786,754↑4% | $135,786,754↑4% | $309,924,100↑6% | — |
| 2017 | $130,537,359↓3% | $130,537,359↓3% | $293,047,009↑1% | — |
| 2016 | $133,927,926↓3% | $133,927,926↓3% | $289,412,806↑7% | — |
| 2015 | $137,610,126↓6% | $137,610,126↓6% | $270,738,156↑3% | — |
| 2014 | $146,826,376↑5% | $146,826,376↑5% | $262,252,413↑8% | — |
| 2013 | $139,251,702↑6% | $139,251,702↑6% | $242,496,777↑6% | — |
| 2012 | $131,590,959↓1% | $131,590,959↓1% | $229,239,388 | — |
| 2011 | $132,766,559 | $132,766,559 | $230,315,411 | — |
Frequently Asked Questions
What does South Kentucky Rural Electric Cooperative Corp. do?▼
South Kentucky Rural Electric Cooperative Corp. is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is South Kentucky Rural Electric Cooperative Corp. financially healthy?▼
Based on our 9-metric Financial Health Score model, South Kentucky Rural Electric Cooperative Corp. has a score of 54/100 (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 South Kentucky Rural Electric Cooperative Corp. generate?▼
South Kentucky Rural Electric Cooperative Corp. reports $156.5M in annual revenue and holds $355.1M in total assets, based on IRS filings.
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