Palmetto Goodwill
88% goes to programs $1 to raise $100 Strong reserves Growing revenue
Palmetto Goodwill is a 501(c)(3) organization based in Charleston, South Carolina, registered in 2015, with $65,087,712 in FY2024 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
2150 Eagle Drive Building 100, Charleston, SC, 29406 EIN 47-4183942 Since 2015
Revenue (FY2024)
$65.1M
▲ 8.4% vs prior year
Human Services median: $293K
Expenses (FY2024)
$54.0M
Net assets
$80.9M
Employees
2,100
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Palmetto Goodwill: 88% to programs · $1 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Palmetto Goodwill: 18 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Palmetto Goodwill: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Palmetto Goodwill: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Palmetto goodwill is changing lives by providing equitable access to training, education, and employment. palmetto goodwill is a local autonomous member of goodwill industries international that provides education, job readiness, and occupational skills training to unemployed and underemployed individuals in 18 counties of south carolina. palmetto goodwill, established in 1979, has operated the "social enterprise" model throughout its existence, in the last decade expanding its revenue sources beyond retail revenues to include community investment and private and corporate funders. in 2024, palmetto goodwill operated 33 retail stores which supported workforce development programs that educated, trained, and employed thousands of community members. these services were provided virtually and in person through a network of ten (10) career opportunity centers, including a mobile career opportunity center.
What they do
Palmetto goodwill provided career navigation services to more than 11,000 unemployed or underemployed individuals. the organization provided job readiness training, career exploration services, and occupational skills training to nearly 4,000 individuals through its network of career opportunity centers, online training providers, technical school network, and other training providers to prepare individuals for in-demand careers in the fields of (1) health care and social assistance, (2) information technologies, (3) industrial trades, (4) retail trade, (5) transportation and warehousing. in addition to training, palmetto goodwill provided supportive services, including rent, mortgage, utility assistance, clothing vouchers, furniture vouchers, bus passes, and other transportation needs.
Palmetto goodwill expanded its i-can program for individuals returning from incarceration to the grand strand regions of south carolina. through this expansion, 121 individuals received much needed support and stabilization services such as transitional housing support, assistance in obtaining identification documents needed for employment, food access, transportation assistance and family reunification support. program participants also received two weeks of intensive employability skills training to prepare them for employment. following this training, participants were provided with 12 weeks of transitional employment with palmetto goodwill where they further developed positive work behaviors and occupational skills as well as the development of a positive work reference. upon completion of the 12 weeks of transitional employment, participants could pursue one of three pathways: 1) continued employment with palmetto goodwill 2) job placement support with another employer in the community and/or 3) funded occupational skills training in a demand occupation. through this program, palmetto goodwill disrupts the cycle of incarceration and provide a bright future to returning citizens.
Contact & location
- Address
- 2150 Eagle Drive Building 100, Charleston, SC, 29406
- City
- Charleston
- State
- South Carolina
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $34.0M (FY2016) to $65.1M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $56.3MNet assets $80.9M
Operating margin
17.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$137.2M
Total liabilities
$56.3M
Net assets
$80.9M
Salaries & benefits
$33.2M
62% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,087,712▲8.4% | $53,978,984▲12.0% | $80,944,309▲16.1% | $137,202,409▲2.4% | 990 |
| 2023 | $60,064,899▲9.0% | $48,216,487▲8.7% | $69,731,981▲19.9% | $133,955,458▲5.9% | 990 |
| 2022 | $55,111,508▲8.2% | $44,353,300▲5.8% | $58,161,699▲38.6% | $126,444,362▲26.3% | 990 |
| 2021 | $50,949,954▲27.8% | $41,925,265▲11.6% | $41,962,179▲34.4% | $100,114,143▲17.4% | 990 |
| 2020 | $39,872,407▼0.2% | $37,552,771▲3.6% | $31,228,769▲1.1% | $85,270,142▼0.1% | 990 |
| 2019 | $39,955,033▲10.6% | $36,247,341▲5.6% | $30,893,696▲5.3% | $85,386,834▲3.6% | 990 |
| 2018 | $36,128,417▲3.3% | $34,324,120▲3.1% | $29,329,324▲8.3% | $82,400,206▲0.7% | 990 |
| 2017 | $34,962,813▲2.8% | $33,283,994▲1.0% | $27,087,760▲8.8% | $81,794,333▲6.1% | 990 |
| 2016 | $33,995,883 | $32,952,534 | $24,907,551 | $77,115,069 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Brian Itzkowitz — $247,780 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Itzkowitz | President/ceo | 20 | $247,780 |
| Jacqueline Draws | Cfo | 28 | $172,505 |
| Jason Baril | Vp of Donated Goods | 30 | $143,998 |
| Pamela Richardson | Chief People Culture Diver | 28 | $135,178 |
| Mary Gilmer | Vp of Mission Services | 30 | $129,700 |
| Tanya Weldon | Human Resources Officer | 32 | $126,556 |
| Elliot Smalley Easterling | Chief Mission and Marketin | 30 | $114,712 |
| Deborah Reynolds | Vp Marketing/communication | 28 | $93,025 |
| Reginald Hughes | Vp of Commercial Services | 10 | $54,003 |
| Catharine Almquist | Director | 1 | — |
| Darryl Brown | Incoming Chair | 1 | — |
| Erica Wright | Director | 1 | — |
| Herbert L Drayton III | Chair | 1 | — |
| Jamie Dement | Director | 1 | — |
| Jamie Lynch | Director | 1 | — |
| Lauryce Graves-mciver | Director | 1 | — |
| Leandro Cassolo | Director | 1 | — |
| Matthew Pecoy | Director | 1 | — |
| Michael D Moxley Md Facog | Director | 1 | — |
| Michelle Woodhull | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Progressive Vision Investment & Trading | Rent For Store 236 | $475,000 |
| Penske Truck Leasing Co LP | Equipment Leasing, Rental and Repair | $321,667 |
| Myrtle Beach Associates LLC | Rent For Store 259 | $273,645 |
| Quality Florence LLC | Rent For Store 267 | $257,666 |
| Jb Harrison Properties | Rent For Store 266 | $230,625 |
Grants received · $212K total
6 grants to Palmetto Goodwill totaling $212K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Public, societal benefit | 2023 | $52,000 |
| Coastal Community Foundation of South Carolina Inc | Human needs | 2023 | $10,000 |
| National Philanthropic Tr | Human services | 2022 | $20,000 |
| Coastal Community Foundation of South Carolina Inc | Human needs grant | 2022 | $20,000 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2020 | $100,000 |
| Goodwill Industries of Kentucky Inc | Hurricane relief | 2018 | $10,000 |
Grants made · $232K in FY2024
10 grants totaling $232K in FY2024. All grants made by Palmetto Goodwill →
| Recipient | Purpose | Amount |
|---|---|---|
| Coastal Community Foundation of South Carolina Inc | Scholarships | $50,000 |
| Warrior Wod Foundation | Community investment grants initiative | $46,000 |
| United Way of North Carolina | Helene roundup fund | $39,660 |
| Colour of Music Festival | General support | $30,000 |
| Kids On Point Inc | Community investment grants initiative | $25,000 |
| Goodwill Industries of Upstate Midlands South Carolina Inc | General assistance for hurricane helene | $13,220 |
| Beyond Our Walls Inc | Community investment grants initiative | $10,000 |
| Human Services Campus Inc | Community investment grants initiative | $7,500 |
| Shared City | Community investment grants initiative | $5,625 |
| Coastal Community Foundation of South Carolina Inc | General support | $5,000 |
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Frequently asked questions
- Is Palmetto Goodwill a legitimate nonprofit?
- Yes. Palmetto Goodwill is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-4183942, based in Charleston, South Carolina. Donations are tax-deductible.
- What is Palmetto Goodwill's EIN?
- Palmetto Goodwill's Employer Identification Number (EIN) is 47-4183942.
- How much revenue does Palmetto Goodwill report?
- Palmetto Goodwill reported $65,087,712 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Palmetto Goodwill's spending goes to programs?
- Palmetto Goodwill spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Palmetto Goodwill have?
- CharityIndex grades Palmetto Goodwill A, based on program efficiency and fundraising cost.
- How much does Palmetto Goodwill's highest-paid employee make?
- The highest reported compensation on Palmetto Goodwill's latest Form 990 is $247,780, paid to Brian Itzkowitz (President/ceo).
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Explore more
Data for Palmetto Goodwill (EIN 47-4183942) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.