CSCharityScored
49

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: 2023

Annual Revenue

$2.9M

Total Expenses

$2.5M

Total Assets

$1.9M

Program Spending

30%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$170K

6.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$727K

Total Payroll

$898K

36% of total expenses

Where the Money Goes

30%
Programs: 30%
Payroll: 36%
Other overhead: 70%
Program Revenue$765K (26%)
Total Expenses$2.5M (86%)
Payroll$898K (36%)
Overhead (non-program)70%

Trust Score Breakdown

Program Spending Ratio

30% of expenses go to programs

40%

Revenue & Stability

$2.9M annual revenue

15%

Executive Compensation

$170K total officer comp (6.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.9M 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.