Human Services
(P20)
990 on File
PALMETTO GOODWILL
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$65.1M
Total Revenue
$54.0M
Total Expenses
$80.9M
Net Assets
2100
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.1%
Fundraising Efficiency
166.5%
Operating Reserve
17.99x
Liability-to-Asset
41.0%
Revenue Diversification
57.6%
Executive Compensation
$1.2M
Compared with Peers
FY 2024
Compared with 2,036 similar organizations
(United States, Human Services, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.1% | 87.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.7% | 11.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 0.2% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
166.5% | 420.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.0 mo | 6.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
41.0% | 32.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
57.6% | 92.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
8.4% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.0% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.1% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $65.1M | $54.0M | $80.9M | 88.1% | 2100 |
| 2023 | $60.1M | $48.2M | $69.7M | 86.2% | 2680 |
| 2022 | $55.1M | $44.4M | $58.2M | 85.3% | 2106 |
| 2021 | $50.9M | $41.9M | N/A | — | 2353 |
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