Palmetto Literacy Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 23,699 | 22,275 | 1,424 | 0.8 | — |
| 2020 | 11,678 | 19,904 | −8,226 | -4.1 | — |
| 2021 | 42,592 | 28,699 | 13,893 | 3.0 | — |
| 2022 | 71,295 | 47,068 | 24,227 | 11.0 | — |
| 2023 | 82,633 | 64,357 | 18,276 | 10.9 | — |
In its most recent public year (2023), this organization brought in $18,276 more than it spent. Its reserves stood at about 10.9 months of spending, up from 0.8 in 2019.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works