CSCharityScored
87

Licking Rural Electrification Inc

Other · Newark, Ohio

1500 Granville Rd, Newark, OH 43055-1536

EIN: 314215215· Founded: Dec 1937· 89 years active· Filing Year: 2023

Annual Revenue

$43.9M

Total Expenses

$41.9M

Total Assets

$120.0M

Program Spending

104%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.6M

6.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$2.6M

6% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 6%
Other overhead: -4%
Program Revenue$43.5M (99%)
Total Expenses$41.9M (95%)
Payroll$2.6M (6%)
Overhead (non-program)-4%

Trust Score Breakdown

Program Spending Ratio

104% of expenses go to programs

40%

Revenue & Stability

$43.9M annual revenue

15%

Executive Compensation

$2.6M total officer comp (6.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$120.0M 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.