Palmetto Conservation Foundation
Analysis
Palmetto Conservation Foundation is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Palmetto Conservation Foundation reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 94%. Over the whole period it spent 92% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Palmetto Conservation Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include National Association of Clean Air Agencies ($1.6m), Keep Texas Beautiful Inc ($1.6m) and Futurewise ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $580k. At year end it held assets of $7.3m against liabilities of $1.7m, net assets of $5.7m. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Association of Clean Air Agencies | Washington | $1.6m |
| Keep Texas Beautiful Inc | Austin | $1.6m |
| Futurewise | Seattle | $1.6m |
| Ocean Alliance Inc | Gloucester | $1.6m |