CSCharityScored
90

Karnes Electric Cooperative Inc

Other · Karnes City, Texas

Po Box 7, Karnes City, TX 78118-0007

EIN: 740720615· Founded: Dec 1940· 86 years active· Filing Year: 2023

Annual Revenue

$128.0M

Total Expenses

$130.5M

Total Assets

$223.7M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$520K

0.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$5.0M

Total Payroll

$5.5M

4% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 4%
Other overhead: 2%
Program Revenue$127.6M (100%)
Total Expenses$130.5M (100%)
Payroll$5.5M (4%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$128.0M annual revenue

15%

Executive Compensation

$520K total officer comp (0.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$223.7M 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.