Palmetto Goodwill Services is a 501(c)(3) organization based in Charleston, South Carolina, registered in 1945, with $18,837,828 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$18.8M
▼ 1.7% vs prior year
Employment median: $367K
Expenses (FY2024)
$18.1M
Net assets
$12.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for Palmetto Goodwill Services— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Services: 8 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for Palmetto Goodwill Services— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Services: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $45.2M (FY2013) to $18.8M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
4.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$21.3M
Total liabilities
$8.8M
Net assets
$12.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,837,828▼1.7% | $18,079,274▼1.6% | $12,470,751▲6.1% | $21,293,981▲14.2% | 990 |
| 2023 | $19,159,128▲5.5% | $18,371,877▲5.4% | $11,750,956▲7.7% | $18,638,468▲16.6% | 990 |
| 2022 | $18,157,283▲4.2% | $17,433,706▲7.7% | $10,907,836▲7.0% | $15,989,652▲17.6% | 990 |
| 2021 | $17,429,442▲5.0% | $16,187,345▲9.0% | $10,197,073▲13.9% | $13,601,818▲16.3% | 990 |
| 2020 | $16,594,100▲1.5% | $14,853,734▼5.9% | $8,954,976▲24.1% | $11,692,714▲10.0% | 990 |
| 2019 | $16,353,107▲4.4% | $15,791,810▲10.0% | $7,214,610▲8.4% | $10,625,881▲27.1% | 990 |
| 2018 | $15,667,333▲9.8% | $14,358,793▲7.7% | $6,653,313▲24.5% | $8,359,831▲10.4% | 990 |
| 2017 | $14,270,286▼69.5% | $13,337,242▼70.3% | $5,344,773▼79.4% | $7,569,047▼90.9% | 990 |
| 2015 | $46,790,994▼0.2% | $44,902,671▲2.0% | $25,980,334▲7.4% | $83,278,072▲1.9% | 990 |
| 2014 | $46,877,869▲3.8% | $44,037,956▲7.1% | $24,196,786▲13.6% | $81,748,348▲4.8% | 990 |
| 2013 | $45,178,093 | $41,110,533▲5.8% | $21,296,032▲31.3% | $78,002,452▲20.7% | 990 |
| 2012 | — | $38,855,323▲14.4% | $16,219,248▲52.5% | $64,611,566▲51.1% | 990 |
| 2011 | — | $33,973,017▲11.7% | $10,637,727▲28.5% | $42,763,201▲14.4% | 990 |
| 2010 | — | $30,405,092 | $8,278,298 | $37,383,749 | 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.
28 grants to Palmetto Goodwill Services totaling $14.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Goodwill Industries International Inc | Google reinvest, grow with google, scsep py22, scsep py23, scsep gpms, scsep py24 | 2024 | $1,934,428 |
| Sourceamerica | Cmmc grant, growth, technology, & modernization grant, npa training vouchers, qwe, training, compliance, & certification grant | 2024 | $45,154 |
| Goodwill Industries International Inc | Accenture virtual reality 2.0, fcc affordable connectivity program 2023, google reinvest, indeed 2022, scsep py22, scsep py23, scsep py23 gpms supplemental funding, usda snap | 2023 | $1,998,059 |
| Goodwill Industries of Upstate Midlands South Carolina Inc | Senior community service employment program sub recipient | 2023 | $347,722 |
| Sourceamerica | Cmmc grant, growth, technology, & modernization grant, npa training vouchers, qwe, training, compliance, & certification grant | 2023 | $51,052 |
| Goodwill Industries International Inc | Usaa operation achieve, scsep py21 , usda, indeed 2022, google reinvest | 2022 | $1,953,029 |
| Goodwill Industries of Upstate Midlands South Carolina Inc | Senior community service employment program sub recipient | 2022 | $309,271 |
| Sourceamerica | Cmmc grant, growth, technology, & modernization grant, npa training vouchers, qwe, training, compliance, & certification grant | 2022 | $58,460 |
| Goodwill Industries International Inc | Comcast digital careers accele, google reinvest, google-gw digital career acce2, google-gw digital career accel, scsep py 2020 direct, scsep py 2021 direct | 2021 | $1,975,730 |
| Goodwill Industries of Upstate Midlands South Carolina Inc | Senior community service employment program sub recipient | 2021 | $320,707 |
| Sourceamerica | Cmmc, qwe, ers, npa training vouchers, training, compliance, & certification grants | 2021 | $43,909 |
| Goodwill Industries International Inc | Google-gdca ;good paths direct ;good jobs 3 direct ;scsep py 2019 direct ;scsep py 2020 | 2020 | $1,917,812 |
| Goodwill Industries of Upstate Midlands South Carolina Inc | Senior community service employment program sub recipient | 2020 | $205,529 |
| Sourceamerica | Cmmc, quality work environment, training incentive,ppe | 2020 | $34,800 |
| Sourceamerica | Cmmc, quality work environment, training incentive,ppe | 2020 | $34,800 |
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Data for Palmetto Goodwill Services (EIN 57-0632511) 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.