J — EmploymentEIN: 570632511· Ruling Year: 1945

Palmetto Goodwill Services

Charleston, South Carolina

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.64×
Peer Median4.74×
💰
$19.2M
Total Revenue
📊
$18.4M
Total Expenses
🏦
$11.8M
Net Assets
📋
$6.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.5%
Year-over-year change (2022 → 2023)
Net Margin
+4.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.64
Net assets divided by total expenses
Liabilities-to-Assets
37.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,159,128↑6%$18,371,877↑5%$18,638,468↑17%
2022$18,157,283↑4%$17,433,706↑8%$15,989,652↑18%
2021$17,429,442↑5%$16,187,345↑9%$13,601,818↑16%
2020$16,594,100↑1%$14,853,734↓6%$11,692,714↑10%
2019$16,353,107↑4%$15,791,810↑10%$10,625,881↑27%
2018$15,667,333↑10%$14,358,793↑8%$8,359,831↑10%
2017$14,270,286$13,337,242↑1%$7,569,047↑33%
2016$14,257,111↓70%$13,242,731↓71%$5,670,949↓93%
2015$46,790,994$44,902,671↑2%$83,278,072↑2%
2014$46,877,869↑4%$44,037,956↑7%$81,748,348↑5%
2013$45,178,093↑1%$41,110,533↑6%$78,002,452↑21%
2012$44,574,852↑19%$38,855,323↑14%$64,611,566↑51%
2011$37,549,076$33,973,017$42,763,201

Frequently Asked Questions

What does Palmetto Goodwill Services do?▼

Palmetto Goodwill Services is a employment nonprofit organization based in South Carolina. It is classified under NTEE code J320 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palmetto Goodwill Services financially healthy?▼

Based on our 9-metric Financial Health Score model, Palmetto Goodwill Services has a score of 68/100 (Grade: B+). 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 Services generate?▼

Palmetto Goodwill Services reports $18.8M in annual revenue and holds $21.3M in total assets, based on IRS filings.

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Palmetto Goodwill Services — Charleston, SC | GiveScope