Y โ€” Mutual & Membership BenefitEIN: 566536978ยท Ruling Year: 2007

Palmetto Rural Telephone Cooperative Inc Veba Trust

Walterboro, South Carolina

B+Health Score
69B+

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

๐Ÿ’ฐ
$668K
Total Revenue
๐Ÿ“Š
$348K
Total Expenses
๐Ÿฆ
$11.4M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+47.9%
Revenue minus expenses as % of revenue

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$668,406โ†“17%$347,907โ†“10%$11,371,442โ†‘8%
2022$807,649โ†“11%$384,792โ†‘6%$10,522,737โ†“10%
2021$907,248โ†‘420%$363,862โ†‘3%$11,639,216โ†‘13%
2020$174,410โ†“48%$353,398โ†“5%$10,319,087โ†‘6%
2019$336,718โ†“3%$373,100โ†“62%$9,736,805โ†‘17%
2018$346,318โ†“80%$975,735โ†‘236%$8,313,457โ†“7%
2017$1,705,181โ†‘41%$290,800โ†‘15%$8,942,874โ†‘19%
2016$1,210,497โ†‘460%$251,834$7,528,493โ†‘15%
2015-$336,159โ†“206%$0$6,569,830โ†‘15%
2014$318,592โ†“44%$0$5,705,212โ†‘37%
2013$563,943$0$4,168,619
2012$0$0โ†“100%$0โ†“100%
2011$0โ†“100%$229,897โ†‘3481%$3,241,276โ†“7%
2010$368,426$6,420$3,471,173

Frequently Asked Questions

What does Palmetto Rural Telephone Cooperative Inc Veba Trust do?โ–ผ

Palmetto Rural Telephone Cooperative Inc Veba Trust is a mutual & membership benefit nonprofit organization based in South Carolina. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palmetto Rural Telephone Cooperative Inc Veba Trust financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Palmetto Rural Telephone Cooperative Inc Veba Trust has a score of 69/100 (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 Rural Telephone Cooperative Inc Veba Trust generate?โ–ผ

Palmetto Rural Telephone Cooperative Inc Veba Trust reports $1.1M in annual revenue and holds $12.7M in total assets, based on IRS filings.

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Palmetto Rural Telephone Cooperative Inc Veba Trust โ€” Walterboro, SC | GiveScope