Community Improvement
(S20)
990 on File
PALMETTO BUSINESS ASSOCIATION
Financial strength (30%)
77/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$28K
Total Revenue
$33K
Total Expenses
$32K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.5%
Fundraising Efficiency
N/A
Operating Reserve
11.65x
Liability-to-Asset
N/A
Revenue Diversification
68.4%
Compared with Peers
FY 2024
Compared with 4,006 similar organizations
(United States, Community Improvement, under $100K 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
|
79.5% | 81.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.7 mo | 23.9 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.4% | 98.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-18.3% | -1.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.1% | -1.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-15.4% | 11.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $28K | $33K | $32K | 79.5% | — |
| 2023 | $35K | $33K | $36K | 51.4% | — |
| 2022 | $32K | $22K | $34K | 64.2% | — |
| 2021 | $61 | $4K | N/A | — | 1 |
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