Palmetto Bluff Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,541,027 | 803,873 | 737,154 | 49.1 | 0% |
| 2021 | 2,212,912 | 833,792 | 1,379,120 | 67.2 | 0% |
| 2022 | 1,817,104 | 1,110,729 | 706,375 | 58.1 | 0% |
| 2023 | 1,967,041 | 1,235,697 | 731,344 | 59.3 | 0% |
In its most recent public year (2023), this organization brought in $731,344 more than it spent. Its reserves stood at about 59.3 months of spending, up from 49.1 in 2020. Staff pay was 0% of spending. $972,051 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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