Palmetto Goodwill
Palmetto Goodwill reported $65.1 million in revenue and $54.0 million in expenses for calendar year 2024. Of every $100 it spent, $88.09 went to program services, $11.65 to management and general costs and $0.26 to fundraising. Its largest source of revenue was contributions and grants: 36.4% of the total. The highest compensation it reported for one person was $543,240 (PRESIDENT/CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 63% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $54MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $65MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.1% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.7% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.3% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 36.4% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.1% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.3% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $543,240 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.01% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 7 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.0 | 6.9 |
| Independent voting board members Part VI 1a–1b | 16 of 16 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseGoodwill's donated goods retail program provides education, job training, and employment opportunities to people with barriers to employment by collecting and reselling retail items. Sales of donated clothing and household items provide job training and revenue for job readiness training, career exploration services, and occupational skills training. Goodwill helps people earn a living, improve their quality of life, and strengthen their families and communities by putting 92% of its revenue from its 33 thrift stores back into mission programming. Palmetto Goodwill's donation program helped…
Palmetto Goodwill provided career navigation services to more than 11,000 unemployed or underemployed individuals. The organization provided job readiness training, career exploration services, and occupational skills training to nearly 4,000 individuals through its network of career opportunity centers, online training providers, technical school network, and other training providers to prepare individuals for in-demand careers in the fields of (1) health care and social assistance, (2) information technologies, (3) industrial trades, (4) retail trade, (5) transportation and warehousing. In…
Palmetto Goodwill expanded its I-can program for individuals returning from incarceration to the grand strand regions of south carolina. Through this expansion, 121 individuals received much needed support and stabilization services such as transitional housing support, assistance in obtaining identification documents needed for employment, food access, transportation assistance and family reunification support. Program participants also received two weeks of intensive employability skills training to prepare them for employment. Following this training, participants were provided with 12…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Officer, 20.00 hrs/week | $247,780 | $247,780 | $47,680 | $543,240 |
| CFO Officer, 28.00 hrs/week | $172,505 | $73,931 | $43,945 | $290,381 |
| CHIEF MISSION AND MARKETIN Officer, 30.00 hrs/week | $114,712 | $114,712 | $36,756 | $266,180 |
| VP OF COMMERCIAL SERVICES Highest compensated employee, 10.00 hrs/week | $54,003 | $162,010 | $48,473 | $264,486 |
| CHIEF PEOPLE CULTURE DIVER Officer, 28.00 hrs/week | $135,178 | $57,933 | $48,474 | $241,585 |
| VP OF DONATED GOODS Highest compensated employee, 30.00 hrs/week | $143,998 | $47,999 | $31,312 | $223,309 |
| VP OF MISSION SERVICES Highest compensated employee, 30.00 hrs/week | $129,700 | $43,234 | $41,764 | $214,698 |
| HUMAN RESOURCES OFFICER Officer, 32.00 hrs/week | $126,556 | $31,639 | $33,771 | $191,966 |
7 people received more than $100,000 in reportable compensation from Palmetto Goodwill (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b16 · 16 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52,100
- Volunteers Part I, line 6592
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| PROGRESSIVE VISION INVESTMENT & TRADING Rent for store 236 | $475,000 |
| PENSKE TRUCK LEASING CO LP Equipment leasing, rental and repair | $321,667 |
| QUALITY FLORENCE LLC Rent for store 267 | $257,666 |
| JB HARRISON PROPERTIES Rent for store 266 | $230,625 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Palmetto Goodwill totaling $2,530 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Palmetto Goodwill's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Palmetto Goodwill, you can publish a response that is linked from this page.
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Of every $100 Palmetto Goodwill spent in 2024, $88.09 went to programs. The full breakdown, from its IRS Form 990:
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All human services charities · Largest charities in South Carolina
Questions people ask
How much of Palmetto Goodwill's spending goes to programs?
In calendar year 2024, Palmetto Goodwill reported that 88.1% of its $54.0 million in expenses went to program services, 11.7% to management and general and 0.3% to fundraising (Form 990, Part IX).
How much does Palmetto Goodwill pay its top executive?
The largest total compensation Palmetto Goodwill reported for one person in calendar year 2024 was $543,240, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Palmetto Goodwill get its money?
Of $65.1 million in revenue in calendar year 2024, 36.4% came from contributions and grants (including 3.1% from government grants) and 2.3% from program service revenue (Form 990, Part VIII).
Is Palmetto Goodwill a registered charity?
The IRS lists EIN 47-4183942 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202531839349301118 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202421859349300012 · read the filing
- 2022: Form 990 for calendar year 2022, object 202341789349300404 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233189349309298 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133199349320813 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003099349302450 · read the filing
All filings for EIN 47-4183942: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.