WPublic & Societal BenefitEIN: 570954747· Ruling Year: 2019

Palmetto State Growth Fund Inc

Columbia, South Carolina

A-Health Score
82A-

Financial Health Score

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

Very Good

💰
$1.6M
Total Revenue
📊
$726K
Total Expenses
🏦
$21.4M
Net Assets
📋
$34K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.4%
Year-over-year change (2022 → 2023)
Net Margin
+54.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
29.39
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$1,609,06810%$726,49841%$21,384,6603%
2022$1,457,75966%$516,48330%$20,785,5485%
2021$877,64922%$398,5846%$19,870,0172%
2020$718,9009%$425,0317%$19,396,8062%
2019$656,60162%$397,5631%$19,102,6511%
2018$405,78574%$392,56584%$18,846,819
2017$233,04030%$213,68818%$18,847,193
2016$334,20524%$181,12369%$18,813,1961%
2015$436,98111%$580,57186%$18,919,8132%
2014$492,94489%$4,224,2938%$19,293,53448%
2013$4,669,3043%$3,916,230$37,431,5228%
2012$4,833,70817%$3,933,77014%$34,743,08616%
2011$4,128,4325%$3,441,8026%$30,022,2445%
2010$3,919,632$3,250,670$28,480,332

Frequently Asked Questions

What does Palmetto State Growth Fund Inc do?

Palmetto State Growth Fund Inc is a public & societal benefit nonprofit organization based in South Carolina. It is classified under NTEE code W11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palmetto State Growth Fund Inc financially healthy?

Based on our 9-metric Financial Health Score model, Palmetto State Growth Fund Inc has a score of 82/100 (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 State Growth Fund Inc generate?

Palmetto State Growth Fund Inc reports $4.0M in annual revenue and holds $24.2M in total assets, based on IRS filings.

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