CSCharityScored
90

Palmetto Electric Cooperative Inc

Other · Ridgeland, South Carolina

4063 Grays Hwy, Ridgeland, SC 29936-4360

EIN: 570221355· Founded: Mar 1944· 82 years active· Filing Year: 2023

Annual Revenue

$182.9M

Total Expenses

$182.9M

Total Assets

$297.8M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.3M

0.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$1.3M

1% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 1%
Other overhead: 0%
Program Revenue$182.8M (100%)
Total Expenses$182.9M (100%)
Payroll$1.3M (1%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$182.9M annual revenue

15%

Executive Compensation

$1.3M total officer comp (0.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$297.8M 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.