CSCharityScored
53

Palmetto Project Inc

Other · N Charleston, South Carolina

6296 Rivers Ave Ste 100, N Charleston, SC 29406-4922

EIN: 570807801· Founded: Dec 1985· 41 years active· Filing Year: 2022

Annual Revenue

$2.3M

Total Expenses

$2.1M

Total Assets

$1.5M

Program Spending

42%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$143K

6.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$625K

Total Payroll

$768K

37% of total expenses

Where the Money Goes

42%
Programs: 42%
Payroll: 37%
Other overhead: 58%
Program Revenue$877K (39%)
Total Expenses$2.1M (92%)
Payroll$768K (37%)
Overhead (non-program)58%

Trust Score Breakdown

Program Spending Ratio

42% of expenses go to programs

40%

Revenue & Stability

$2.3M annual revenue

15%

Executive Compensation

$143K total officer comp (6.9% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$1.5M 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.