Palmetto Economic Development Corp
Columbia, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,146,690↑8% | $4,119,311↑11% | $3,104,203 | — |
| 2022 | $3,847,469↑12% | $3,695,395↑14% | $3,111,995↑36% | — |
| 2021 | $3,424,081↑9% | $3,237,673↑19% | $2,291,624↑17% | — |
| 2020 | $3,152,652↓10% | $2,718,658↓15% | $1,954,549↑2% | — |
| 2019 | $3,501,037↓22% | $3,182,690↓18% | $1,918,154↑19% | — |
| 2018 | $4,485,401↑23% | $3,858,122↑5% | $1,612,885↑3% | — |
| 2017 | $3,659,257↑18% | $3,657,421↑10% | $1,572,500↑1098% | — |
| 2016 | $3,090,513↓23% | $3,310,866↓12% | $131,215↓68% | — |
| 2015 | $4,035,134↑22% | $3,758,389↑16% | $413,215↑122% | — |
| 2014 | $3,314,926↑26% | $3,228,445↑20% | $186,252↑56% | — |
| 2013 | $2,636,435↓3% | $2,684,545↑2% | $119,469↓35% | — |
| 2012 | $2,718,300↑10% | $2,640,908↑4% | $184,014↑47% | — |
| 2011 | $2,466,049 | $2,545,307 | $124,925 | — |
Frequently Asked Questions
What does Palmetto Economic Development Corp do?▼
Palmetto Economic Development Corp is a unclassified nonprofit organization based in South Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Palmetto Economic Development Corp financially healthy?▼
Based on our 9-metric Financial Health Score model, Palmetto Economic Development Corp has a score of 60/100 (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 Economic Development Corp generate?▼
Palmetto Economic Development Corp reports $4.6M in annual revenue and holds $3.3M in total assets, based on IRS filings.
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