Palmetto Literacy Council
Myrtle Beach, South Carolina
B+Health Score
68B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$83K
Total Revenue
📊
$64K
Total Expenses
🏦
$59K
Net Assets
📋
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+15.9%
Year-over-year change (2022 → 2023)
Net Margin
+22.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.91
Net assets divided by total expenses
Liabilities-to-Assets
6.0%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $82,633↑16% | $64,357↑37% | $62,383↑30% | |
| 2022 | $71,295↑67% | $47,068↑64% | $48,000↑159% | — |
| 2021 | $42,592↑265% | $28,699↑44% | $18,546↑212% | — |
| 2020 | $11,678↓51% | $19,904↓11% | $5,940↓50% | — |
| 2019 | $23,699 | $22,275 | $11,964 | — |
Frequently Asked Questions
What does Palmetto Literacy Council do?▼
Palmetto Literacy Council is a education nonprofit organization based in South Carolina. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Palmetto Literacy Council financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Palmetto Literacy Council.
How much revenue does Palmetto Literacy Council generate?▼
Palmetto Literacy Council reports $152K in annual revenue and holds $45K in total assets, based on IRS filings.
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