Buckeye Rural Electric Co-op Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Buckeye Rural Electric Co-op Inc is a 501(c)(12) organization based in Rio Grande, Ohio, registered in 1944, with $50,694,713 in FY2024 revenue. CharityIndex grades it B.
Po Box 200, Rio Grande, OH, 45674 EIN 31-4137520 Since 1944
Revenue (FY2024)
$50.7M
▲ 7.9% vs prior year
Expenses (FY2024)
$50.7M
Net assets
$47.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Buckeye Rural Electric Co-op Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Buckeye Rural Electric Co-op Inc: 11 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Buckeye Rural Electric Co-op Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Buckeye Rural Electric Co-op Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 200, Rio Grande, OH, 45674
- City
- Rio Grande
- State
- Ohio
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $39.9M (FY2013) to $50.7M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $92.5MNet assets $47.2M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$139.7M
Total liabilities
$92.5M
Net assets
$47.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,694,713▲7.9% | $50,694,713▲7.9% | $47,191,250▼0.2% | $139,726,769▼2.8% | 990 |
| 2023 | $46,999,381▲4.4% | $46,999,381▲4.4% | $47,263,771▲3.3% | $143,780,464▲7.1% | 990 |
| 2022 | $45,001,606▲4.9% | $45,001,606▲4.9% | $45,768,411▼0.3% | $134,271,521▲0.9% | 990 |
| 2021 | $42,883,645▲2.0% | $42,883,645▲2.0% | $45,886,772▲0.5% | $133,098,121▲0.7% | 990 |
| 2020 | $42,046,838▲2.4% | $42,046,838▲7.8% | $45,659,009▲17.6% | $132,213,806▲27.3% | 990 |
| 2015 | $41,044,228▲0.8% | $39,008,529▲1.1% | $38,831,407▲0.6% | $103,870,340▲1.6% | 990 |
| 2014 | $40,734,628▲2.1% | $38,571,861▲2.3% | $38,580,775▲1.6% | $102,234,431▲1.9% | 990 |
| 2013 | $39,894,190 | $37,695,969▲2.3% | $37,991,188▲2.3% | $100,374,458▼0.6% | 990 |
| 2012 | — | $36,832,484▲4.8% | $37,144,683▲1.5% | $100,942,058▲0.9% | 990 |
| 2011 | — | $35,141,611▲2.1% | $36,582,060▲4.3% | $99,999,014▲1.6% | 990 |
| 2010 | — | $34,415,070 | $35,070,709 | $98,447,857 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Buckeye Rural Electric Co-op Inc a legitimate nonprofit?
- Yes. Buckeye Rural Electric Co-op Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 31-4137520, based in Rio Grande, Ohio.
- What is Buckeye Rural Electric Co-op Inc's EIN?
- Buckeye Rural Electric Co-op Inc's Employer Identification Number (EIN) is 31-4137520.
- How much revenue does Buckeye Rural Electric Co-op Inc report?
- Buckeye Rural Electric Co-op Inc reported $50,694,713 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Buckeye Rural Electric Co-op Inc have?
- CharityIndex grades Buckeye Rural Electric Co-op Inc B, based on financial health (reserves and operating margin).
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Data for Buckeye Rural Electric Co-op Inc (EIN 31-4137520) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.