ELECTRIC RELIABILITY COUNCIL OF TEXAS INC 10-10-90
AUSTIN, TX 78744 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $543,240,707 | $444,370,700 | $343,921,981 |
| FY2023 | $488,027,967 | $402,791,058 | $250,395,575 |
| FY2022 | $355,423,897 | $328,536,901 | $155,102,174 |
| FY2021 | $252,635,175 | $257,288,238 | $130,474,505 |
| FY2020 | $242,749,480 | $232,650,935 | $135,123,574 |
| FY2019 | $260,219,816 | $225,554,307 | $125,039,513 |
| FY2018 | $244,963,920 | $209,134,689 | $90,317,390 |
| FY2017 | $222,267,134 | $204,478,745 | $54,532,789 |
| FY2016 | $215,770,509 | $186,612,290 | $36,738,355 |
| FY2015 | $181,415,110 | $183,505,451 | $7,617,369 |
| FY2014 | $178,214,697 | $178,779,799 | $9,620,689 |
| FY2013 | $156,561,148 | $172,441,297 | $10,157,991 |
| FY2012 | $277,685,830 | $295,396,471 | $26,015,746 |
| FY2011 | $279,845,807 | $281,819,329 | $40,471,266 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $420,072,023 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $351,754,223 | 79% |
| Management & general | $92,616,477 | 21% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 79% of functional expenses, management & general 21%, and fundraising 0%.
- 79% of functional expenses went to program services in FY2024. That is higher than 33.5% of 185 Public & Societal Benefit organizations nationwide (too few in TX for a state comparison).
- Net assets covered about 9.3 months of expenses at the end of the reporting year. That puts it in the 38th percentile among 349 Public & Societal Benefit organizations in TX.
- Total revenue was higher than 100.3% of 370 Public & Societal Benefit organizations in TX.
- Total revenue rose from $279,845,807 in FY2011 to $543,240,707 in FY2024, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2011, FY2012, FY2013, FY2014, FY2015, FY2021).
- Net assets grew from $40,471,266 to $343,921,981 between FY2011 and FY2024.
- Contributions and grants made up 18% of revenue in FY2011 and 0% in FY2024.
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
IRS status
| Ruling year | 2008 |
| Subsection | 501(c)(4) |
| Program area (NTEE) | W800 — Public & Societal Benefit |
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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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