Palmetto Electric Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,045,298 | 162,045,298 | 0 | 5.6 | 1% |
| 2012 | 154,384,232 | 154,384,232 | 0 | 6.1 | 1% |
| 2013 | 163,743,236 | 163,743,236 | 0 | 6.0 | 1% |
| 2014 | 176,802,688 | 176,802,688 | 0 | 5.4 | 1% |
| 2015 | 170,877,993 | 170,877,993 | 0 | 5.4 | 1% |
| 2016 | 166,959,918 | 166,959,918 | 0 | 5.5 | 1% |
| 2017 | 171,076,080 | 171,076,080 | 0 | 5.4 | 1% |
| 2018 | 176,179,734 | 176,179,734 | 0 | 5.8 | 1% |
| 2019 | 176,082,191 | 176,082,191 | 0 | 6.1 | 1% |
| 2020 | 174,377,633 | 174,377,633 | 0 | 6.6 | 1% |
| 2021 | 171,925,087 | 171,925,087 | 0 | 6.9 | 1% |
| 2022 | 176,682,472 | 176,682,472 | 0 | 6.7 | 1% |
| 2023 | 182,854,455 | 182,854,455 | 0 | 6.7 | 1% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 6.7 months of spending, up from 5.6 in 2011. Staff pay was 1% of spending.
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
Palmetto Electric Cooperative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works