Palmetto Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,009,963 | 962,538 | 47,425 | 1.1 | 49% |
| 2012 | 755,857 | 695,117 | 60,740 | 2.6 | 49% |
| 2013 | 1,176,643 | 1,091,248 | 85,395 | 2.6 | 43% |
| 2014 | 1,316,499 | 1,521,577 | −205,078 | 0.2 | 10% |
| 2015 | 4,027,254 | 2,278,741 | 1,748,513 | 9.4 | 36% |
| 2016 | 2,396,892 | 2,296,480 | 100,412 | 9.8 | 42% |
| 2017 | 1,850,050 | 2,489,066 | −639,016 | 6.0 | 34% |
| 2018 | 1,245,423 | 1,535,470 | −290,047 | 7.4 | 36% |
| 2019 | 1,102,740 | 1,264,803 | −162,063 | 7.5 | 38% |
| 2020 | 1,259,986 | 1,484,545 | −224,559 | 4.5 | 30% |
| 2021 | 1,583,346 | 1,357,060 | 226,286 | 7.0 | 43% |
| 2022 | 2,265,031 | 2,073,996 | 191,035 | 6.0 | 37% |
| 2023 | 2,948,321 | 2,523,615 | 424,706 | 6.9 | 36% |
In its most recent public year (2023), this organization brought in $424,706 more than it spent. Its reserves stood at about 6.9 months of spending, up from 1.1 in 2011. Staff pay was 36% of spending. $1,570,036 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
Palmetto Project 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