CSCharityScored
90

Licking Rural Electrification Inc

Other · Newark, Ohio

1500 Granville Rd, Newark, OH 43055-1536

EIN: 314234980· Founded: Dec 1937· 89 years active· Filing Year: 2023

Annual Revenue

$69.2M

Total Expenses

$66.2M

Total Assets

$354.2M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$481K

0.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$1.4M

2% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 2%
Other overhead: 1%
Program Revenue$65.5M (95%)
Total Expenses$66.2M (96%)
Payroll$1.4M (2%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$69.2M annual revenue

15%

Executive Compensation

$481K total officer comp (0.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$354.2M 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.