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THE PALMETTO INSTITUTE

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Public IRS 990 nonprofit record

THE PALMETTO INSTITUTE

EIN 57-1132472

What they do

THE CENTRAL MISSION is to CREATE A CLIMATE THAT WILL INCREASE THE WEALTH of ALL SOUTH CAROLINIANS. THE INSTITUTE HAS SOUGHT to ACHIEVE THIS GOAL BY DEVELOPING A LONG-TERM ECONOMIC STRATEGY, PRODUCING STUDIES ON WORKFORCE QUALITY, COMMERCIALIZATION of RESEARCH INTO JOBS, and A FAIR and EQUITABLE STATE TAX SYSTEM to NAME A FEW.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $86.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders1 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.00%of revenue went to mission work86.9% of expenses · Program services
$22.58in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Expenses$1,050

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,016 · 668.2% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Expenses$1,050
Assets$23,712
Mission work (program services)$7,016
People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (1)

HARRY LESESNEPRINCIPAL OFFICER

About this charity

Location
136 A SOUTH CHURCH STREET, LAKE CITY, SC 29560
County
Florence
In care of
HARRY LESESNE
Primary officer
HARRY LESESNE

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
July 1, 2019
Return type
990EZ
Tax preparer
WEBSTERROGERS LLP

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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