ZUnclassifiedEIN: 570807801· Ruling Year: 1985

Palmetto Project Inc

N Charleston, South Carolina

A-Health Score
77A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.58×
Peer Median15.40×
💰
$2.9M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$1.5M
Net Assets
📋
$406K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.2%
Year-over-year change (2022 → 2023)
Net Margin
+14.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.58
Net assets divided by total expenses
Liabilities-to-Assets
21.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,948,32130%$2,523,61522%$1,859,70921%
2022$2,265,03143%$2,073,99653%$1,540,82538%
2021$1,583,34626%$1,357,0609%$1,116,0563%
2020$1,259,98614%$1,484,54517%$1,085,6273%
2019$1,102,74011%$1,264,80318%$1,050,75816%
2018$1,245,42333%$1,535,47038%$1,248,4716%
2017$1,850,05023%$2,489,0668%$1,331,98932%
2016$2,396,89240%$2,296,4801%$1,963,6081%
2015$4,027,254206%$2,278,74150%$1,947,9001023%
2014$1,316,49912%$1,521,57739%$173,50250%
2013$1,176,64356%$1,091,24857%$347,65136%
2012$755,85725%$695,11728%$255,24538%
2011$1,009,963$962,538$184,619

Frequently Asked Questions

What does Palmetto Project Inc do?

Palmetto Project Inc 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 Project Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Palmetto Project Inc.

How much revenue does Palmetto Project Inc generate?

Palmetto Project Inc reports $2.3M in annual revenue and holds $1.6M in total assets, based on IRS filings.

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