Palmetto Health Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,071,388 | 10,628,257 | 443,131 | 10.9 | 50% |
| 2021 | 10,290,934 | 9,716,731 | 574,203 | 12.7 | 55% |
| 2022 | 12,244,139 | 11,826,408 | 417,731 | 10.8 | 53% |
| 2023 | 14,866,261 | 12,139,096 | 2,727,165 | 13.3 | 54% |
In its most recent public year (2023), this organization brought in $2,727,165 more than it spent. Its reserves stood at about 13.3 months of spending, up from 10.9 in 2020. Staff pay was 54% 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
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