CSCharityScored
90

Horry Electric Cooperative Inc

Public Benefit · Conway, South Carolina

Po Box 119, Conway, SC 29528-0119

EIN: 570184136· Founded: Mar 1942· 84 years active· Filing Year: 2023

Annual Revenue

$203.5M

Total Expenses

$203.5M

Total Assets

$459.3M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$732K

0.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$732K

0% of total expenses

Where the Money Goes

95%
Programs: 95%
Payroll: 0%
Other overhead: 5%
Program Revenue$193.1M (95%)
Total Expenses$203.5M (100%)
Payroll$732K (0%)
Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$203.5M annual revenue

15%

Executive Compensation

$732K total officer comp (0.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$459.3M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.