BERKELEY ELECTRIC COOPERATIVE INC
MONCKS CORNER, SC 29461 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $594,885,803 | $594,885,803 | $257,764,612 |
| FY2024 | $488,190,361 | $488,190,361 | $228,725,428 |
| FY2023 | $437,149,733 | $437,149,733 | $218,533,986 |
| FY2022 | $408,085,738 | $403,272,407 | $204,639,985 |
| FY2021 | $366,017,101 | $366,017,101 | $201,076,734 |
| FY2020 | $344,018,397 | $344,018,397 | $183,146,341 |
| FY2019 | $327,227,393 | $327,227,393 | $168,570,082 |
| FY2018 | $324,970,807 | $324,970,807 | $150,988,709 |
| FY2017 | $284,895,251 | $284,895,251 | $127,171,438 |
| FY2016 | $257,929,650 | $257,929,650 | $120,667,713 |
| FY2015 | $241,859,605 | $244,692,696 | $114,849,662 |
| FY2014 | $232,430,857 | $232,815,518 | $109,173,735 |
| FY2013 | $217,443,187 | $217,253,802 | $103,468,620 |
| FY2012 | $204,874,414 | $205,250,871 | $98,258,709 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $590,160,490 | 100% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Net assets covered about 5.2 months of expenses at the end of the reporting year.
- Total revenue rose from $204,874,414 in FY2012 to $594,885,803 in FY2025, Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2012, FY2014, FY2015).
- Net assets grew from $98,258,709 to $257,764,612 between FY2012 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
BERKELEY ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE ENERGY, WHILE ENHANCING THE LIVES OF THOSE WE SERVE.
IRS status
| Ruling year | 1943 |
| Subsection | 501(c)(12) |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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