CSCharityScored
82

Palmetto Rural Telephone Cooperative Inc Veba Trust

Mutual Benefit · Walterboro, South Carolina

2471 Jefferies Hwy, Walterboro, SC 29488-7234

EIN: 566536978· Founded: Sep 2007· 19 years active· Filing Year: 2023

Annual Revenue

$668K

Total Expenses

$348K

Total Assets

$11.4M

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$24K

7.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$24K

7% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 7%
Other overhead: 7%
Program Revenue$324K (48%)
Total Expenses$348K (52%)
Payroll$24K (7%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$668K annual revenue

15%

Executive Compensation

$24K total officer comp (7.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$11.4M in assets

10%

Similar Mutual Benefit Nonprofits in South Carolina

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.