PHuman ServicesEIN: 474183942

Palmetto Goodwill

Charleston, South Carolina

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.45×
Peer Median7.39×
💰
$60.1M
Total Revenue
📊
$48.2M
Total Expenses
🏦
$69.7M
Net Assets
📋
$64.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.0%
Year-over-year change (2022 → 2023)
Net Margin
+19.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.45
Net assets divided by total expenses
Liabilities-to-Assets
47.9%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$60,064,8999%$48,216,4879%$133,955,4586%
2022$55,111,5088%$44,353,3006%$126,444,36226%
2021$50,949,95428%$41,925,26512%$100,114,14317%
2020$39,872,407$37,552,7714%$85,270,142
2019$39,955,03311%$36,247,3416%$85,386,8344%
2018$36,128,4173%$34,324,1203%$82,400,2061%
2017$34,962,8133%$33,283,9941%$81,794,3336%
2016$33,995,883$32,952,534$77,115,069

Frequently Asked Questions

What does Palmetto Goodwill do?

Palmetto Goodwill is a human services nonprofit organization based in South Carolina. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palmetto Goodwill financially healthy?

Based on our 9-metric Financial Health Score model, Palmetto Goodwill has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Palmetto Goodwill generate?

Palmetto Goodwill reports $65.1M in annual revenue and holds $137.2M in total assets, based on IRS filings.

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