CSCharityScored
22

Palacios Library Incorporated

Education · Palacios, Texas

326 Main St, Palacios, TX 77465-5462

EIN: 741465813· Founded: May 1962· 64 years active· Filing Year: 2022

Annual Revenue

$180K

Total Expenses

$153K

Total Assets

$814K

Program Spending

4%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$36K

23.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$97K

63% of total expenses

Where the Money Goes

4%
Programs: 4%
Payroll: 63%
Other overhead: 96%
Program Revenue$6K (3%)
Total Expenses$153K (85%)
Payroll$97K (63%)
Overhead (non-program)96%

Trust Score Breakdown

Program Spending Ratio

4% of expenses go to programs

40%

Revenue & Stability

$180K annual revenue

15%

Executive Compensation

$36K total officer comp (23.5% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$814K in assets

10%

Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.