CSCharityScored
90

South Kentucky Rural Electric Cooperative Corp

Other · Somerset, Kentucky

Po Box 910, Somerset, KY 42502-0910

EIN: 610344362· Founded: Mar 1943· 83 years active· Filing Year: 2023

Annual Revenue

$153.5M

Total Expenses

$153.5M

Total Assets

$351.4M

Program Spending

96%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.2M

0.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$10.9M

Total Payroll

$12.1M

8% of total expenses

Where the Money Goes

96%
Programs: 96%
Payroll: 8%
Other overhead: 4%
Program Revenue$147.1M (96%)
Total Expenses$153.5M (100%)
Payroll$12.1M (8%)
Overhead (non-program)4%

Trust Score Breakdown

Program Spending Ratio

96% of expenses go to programs

40%

Revenue & Stability

$153.5M annual revenue

15%

Executive Compensation

$1.2M total officer comp (0.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$351.4M 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.