NFP500

#73 of 500 · Member & Benefit Funds

National Rural Utilities Cooperative Finance Corp

EIN 52-0891669 · VA · NTEE n/a · Form 990, fiscal 2024

A member-owned, not-for-profit finance cooperative based in Dulles, Virginia. Established in 1969, it raises funds from capital markets to provide loans, financial products, and industry expertise to America's rural electric cooperative network, supplementing federal Rural Utilities Service programs. CFC serves nearly 1,000 member-owners of electric cooperatives and related utility systems across all 50 states.

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Financials, fiscal 2024

Revenue
$2.01B
Expenses
$1.73B
Total assets
$36.15B
Net assets
$3.00B
Operating margin
13.6%
1-year growth
23.1%
5-year growth (CAGR)
9.8%
Reserve (years of spending)
20.8
Contributions share
n/a
Programme spending
98.5%
Fundraising cost
n/a
Executive pay share
0.68%
Employees
339
Revenue per employee
$5.9M
Grants paid
$1.5M
Years filing
55

NFP Health Score: 74 / 100

Financial 67 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To bridge the financial needs of the rural electric network with the expectations of the global capital markets, one cooperative at a time.

Revenue history

YearRevenue
2020$1.38B
2021$1.22B
2022$1.25B
2023$1.63B
2024$2.01B