Palmetto Water System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 228,346 | 171,497 | 56,849 | 54.2 | 0% |
| 2013 | 222,494 | 162,830 | 59,664 | 61.5 | 0% |
| 2014 | 248,111 | 173,950 | 74,161 | 62.7 | 0% |
| 2015 | 262,755 | 172,031 | 90,724 | 69.7 | 21% |
| 2017 | 286,534 | 215,587 | 70,947 | 64.5 | 16% |
| 2018 | 323,973 | 208,493 | 115,480 | 73.4 | 17% |
| 2020 | 303,426 | 217,181 | 86,245 | 81.0 | 17% |
| 2021 | 380,123 | 255,174 | 124,949 | 74.9 | 14% |
| 2022 | 311,718 | 279,585 | 32,133 | 69.7 | 13% |
| 2023 | 303,358 | 280,392 | 22,966 | 70.5 | 14% |
| 2024 | 307,037 | 287,260 | 19,777 | 69.7 | 13% |
In its most recent public year (2024), this organization brought in $19,777 more than it spent. Its reserves stood at about 69.7 months of spending, up from 54.2 in 2012. Staff pay was 13% 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 2024. 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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