Orcas Power & Light Cooperative is a 501(c)(12) organization based in Eastsound, Washington, registered in 1937, with $40,850,946 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$40.9M
▲ 3.6% vs prior year
Expenses (FY2024)
$40.8M
Net assets
$56.9M
Employees
—
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 →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 Orcas Power & Light Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Orcas Power & Light Cooperative: 17 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
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 Orcas Power & Light Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Orcas Power & Light Cooperative: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $21.7M (FY2013) to $40.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
0.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$148.5M
Total liabilities
$91.6M
Net assets
$56.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $40,850,946▲3.6% | $40,775,978▲8.5% | $56,942,664▲11.0% | $148,515,746▲13.2% | 990 |
| 2023 | $39,416,329▲8.6% | $37,571,378▲3.3% | $51,310,167▲14.0% | $131,163,828▲11.2% | 990 |
| 2022 | $36,286,957▲2.6% | $36,369,556▲1.6% | $44,989,874▲6.8% | $117,910,776▲4.3% | 990 |
| 2021 | $35,371,006▲13.8% | $35,802,437▲10.3% | $42,130,392▲9.9% | $113,042,035▲1.8% | 990 |
| 2020 | $31,088,422▲5.3% | $32,473,333▲3.5% | $38,340,924▼0.2% | $110,992,570▲10.0% | 990 |
| 2019 | $29,528,689▲8.6% | $31,370,365▲5.7% | $38,402,841▼0.6% | $100,903,565▲2.0% | 990 |
| 2018 | $27,190,537▲5.5% | $29,691,589▲4.9% | $38,633,258▼1.3% | $98,914,957▲2.3% | 990 |
| 2017 | $25,764,382▲12.0% | $28,316,387▲10.0% | $39,151,717▼0.3% | $96,707,676▲15.3% | 990 |
| 2016 | $22,995,839▼0.4% | $25,733,673▲3.5% | $39,277,116▼2.2% | $83,893,797▲7.4% | 990 |
| 2015 | $23,091,097▲1.8% | $24,871,210▲8.9% | $40,170,442▼1.2% | $78,110,242▲12.8% | 990 |
| 2014 | $22,682,062▲4.6% | $22,846,563▲6.4% | $40,662,192▼1.6% | $69,270,632▲11.5% | 990 |
| 2013 | $21,675,442 | $21,480,169▲4.9% | $41,330,215▲0.4% | $62,128,539▲4.4% | 990 |
| 2012 | — | $20,472,019▼3.6% | $41,171,611▲0.3% | $59,498,773▲1.6% | 990 |
| 2011 | — | $21,230,248▲22.6% | $41,054,848▲6.5% | $58,544,163▲9.5% | 990 |
| 2010 | — | $17,321,818 | $38,562,888 | $53,486,381 | 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.
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Data for Orcas Power & Light Cooperative (EIN 91-0348358) 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.