Palmetto Care Connections

Analysis

Palmetto Care Connections is a registered charity in United States, based in Bamberg, SC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Palmetto Care Connections reported income of $3.5m and spending of $2.8m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.5m (+163%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Palmetto Care Connections sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Heartland Human Services ($3.5m), Christian Recovery Center Inc ($3.5m) and T-1 Today Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $747k (27% of expenses). Other salaries and wages came to $360k. At year end it held assets of $4.8m against liabilities of $918k, net assets of $3.8m. It reported 18 employees.