CSCharityScored
70

Palmetto Economic Development Corp

Other · Columbia, South Carolina

1201 Main St Ste 1710, Columbia, SC 29201-3293

EIN: 570873176· Founded: Dec 1989· 37 years active· Filing Year: 2023

Annual Revenue

$4.1M

Total Expenses

$4.1M

Total Assets

$3.1M

Program Spending

101%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.6M

38.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$393K

Total Payroll

$2.0M

48% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 48%
Other overhead: -1%
Program Revenue$4.2M (100%)
Total Expenses$4.1M (99%)
Payroll$2.0M (48%)
Overhead (non-program)-1%

Trust Score Breakdown

Program Spending Ratio

101% of expenses go to programs

40%

Revenue & Stability

$4.1M annual revenue

15%

Executive Compensation

$1.6M total officer comp (38.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$3.1M 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.