#73 of 500 · Member & Benefit Funds
National Rural Utilities Cooperative Finance Corp
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.
Open the interactive profileFinancials, 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
| Year | Revenue |
|---|---|
| 2020 | $1.38B |
| 2021 | $1.22B |
| 2022 | $1.25B |
| 2023 | $1.63B |
| 2024 | $2.01B |