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South Carolina · Nonprofit

PALMETTO GOODWILL

PALMETTO GOODWILL (South Carolina) receives grants from 14 organizations whose IRS filings report $428,344 to it, the largest being The Winston-Salem Foundation ($100,000). 7 of them have funded it in more than one year.

Revenue FY2024
$65M
Funders on record
14
Grants received
$428k
Net assets
$81M
7/14 repeat funderspeak grant-dependency 0%
01What it does

What Palmetto Goodwill does

Mission

Palmetto Goodwill's mission is to change lives by providing equitable access to training, education, and employment. Palmetto Goodwill serves this mission by providing job training, education, and employment placement services. In 2024, the organization provided services to more than 11,000 unemployed or underemployed individuals, placing 4,000 individuals into employment. In 2024, goodwill's programs focused on individuals 55 and older, people with disabilities, veterans and their spouses or caregivers, supplemental nutrition assistance program (snap) recipients, and individuals improving their digital literacy skills. Palmetto Goodwill is well-equipped to operate large-scale programs that reinvest in the community and has proven to be an excellent steward of government and private funding.

As stated on its FY2024 Form 990.

Programs

  1. Goodwill'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 keep more than 35 million pounds of waste out of south carolina landfills. Goodwill's diversion of items from landfill is good for our planet and environmentby diverting waste from our landfills, we reduce our carbon footprint and contribute to the health and sustainability of our community.

    $39,867,175 spent$38,752,157 earned by the program
    84% of program spending
  2. 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 addition to training, Palmetto Goodwill provided supportive services, including rent, mortgage, utility assistance, clothing vouchers, furniture vouchers, bus passes, and other transportation needs.

    $7,563,815 spentof which $580,134 as grants$109,870 earned by the program
    16% of program spending
  3. 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 weeks of transitional employment with Palmetto Goodwill where they further developed positive work behaviors and occupational skills as well as the development of a positive work reference. Upon completion of the 12 weeks of transitional employment, participants could pursue one of three pathways: 1) continued employment with Palmetto Goodwill 2) job placement support with another employer in the community and/or 3) funded occupational skills training in a demand occupation. Through this program, Palmetto Goodwill disrupts the cycle of incarceration and provide a bright future to returning…

    $119,724 spent$17,707 earned by the program
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $47,550,714.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($35M) Expenses 100 ($33M) Net assets 100 ($27M)2018 Revenue 103 ($36M) Expenses 103 ($34M) Net assets 108 ($29M)2019 Revenue 114 ($40M) Expenses 109 ($36M) Net assets 114 ($31M)2020 Revenue 114 ($40M) Expenses 113 ($38M) Net assets 115 ($31M)2021 Revenue 146 ($51M) Expenses 126 ($42M) Net assets 155 ($42M)2022 Revenue 158 ($55M) Expenses 133 ($44M) Net assets 215 ($58M)2023 Revenue 172 ($60M) Expenses 145 ($48M) Net assets 257 ($70M)2024 Revenue 186 ($65M) Expenses 162 ($54M) Net assets 299 ($81M)
'17'18'19'20'21'22'23'24
Revenue (186)Expenses (162)Net assets (299)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $100M to $126M (+26%).

$82M
$82M
$85M
$85M
$100M
$126M
$134M
$137M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 5% · 2018 5% · 2019 6% · 2020 12% · 2021 7% · 2022 4% · 2023 4% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.

36% of PALMETTO GOODWILL’s revenue is contributions — more donation-reliant than the typical peer (21% for the typical peer).

This organization
Typical peer · 3,400 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$1.7M
’17
$1.8M
’18
$3.7M
’19
$2.3M
’20
$9.0M
’21
$11M
’22
$12M
’23
$11M
’24
7.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Brian Itzkowitz

President/CEO

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1821222323222425
Joined·+5+5+1+5+7+8+4
No longer listed·2405863
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $10k → $33k.

4 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PALMETTO GOODWILL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PALMETTO GOODWILL has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PALMETTO GOODWILL.

23%
largest funder
64%
top three
~6
effective funders

Largest funder’s share by year: 2018 100% · 2019 88% · 2020 99% · 2021 87% · 2022 54% · 2023 61% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of PALMETTO GOODWILL's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

PALMETTO GOODWILL draws 94% of its grant income from funders outside South Carolina, across 6 states in all.

ME
KY
VA
NC
SC
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. $202k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PALMETTO GOODWILL runs a healthier operating margin than three-quarters of the 3,288 human services nonprofits its size.

Operating margin17% · top quartile
Months of reserve7.9mo · top quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 3,288 human services nonprofits $10M–$100M, FY2024

Government funding PALMETTO GOODWILL receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.1M on record.

Federal$6.1M
grants $4.2Mcontracts $1.8M
17
18
19
20
21
22
23
Top agencies
  • Department of Labor$4.2M
  • Department of Defense$1.8M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PALMETTO GOODWILL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

SC

Part of a family of 3 related entities

  • Palmetto Goodwill Services · exempt
  • Palmetto Excel Inc · exempt
  • Palmetto Goodwill Services Health and Welfare Plan · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for PALMETTO GOODWILL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PALMETTO GOODWILL?
PALMETTO GOODWILL (South Carolina) receives grants from 14 organizations whose IRS filings report $428,344 to it, the largest being The Winston-Salem Foundation ($100,000). 7 of them have funded it in more than one year.
How many funders does PALMETTO GOODWILL have?
IRS filings report 14 organizations giving $428,344 in grants to PALMETTO GOODWILL, 7 of which have funded it in more than one year.
Who is the largest funder of PALMETTO GOODWILL?
The Winston-Salem Foundation is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like PALMETTO GOODWILL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing