CSCharityScored
27

Palacios Library Incorporated

Education · Palacios, Texas

326 Main St, Palacios, TX 77465-5462

EIN: 741465813· Founded: May 1962· 64 years active· Filing Year: 2023

Annual Revenue

$125K

Total Expenses

$165K

Total Assets

$774K

Program Spending

3%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$37K

22.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$98K

59% of total expenses

Where the Money Goes

3%
Programs: 3%
Payroll: 59%
Other overhead: 97%
Program Revenue$5K (4%)
Total Expenses$165K (100%)
Payroll$98K (59%)
Overhead (non-program)97%

Trust Score Breakdown

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$125K annual revenue

15%

Executive Compensation

$37K total officer comp (22.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$774K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.