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Palmetto Citizens Foundation Inc

EIN 33-4014772 · Columbia, SC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood74 out of 100GovernanceFair50 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

WE INVEST IN PROGRAMS THAT STRENGTHEN ECONOMIC STABILITY, INCREASE ACCESS TO ESSENTIAL RESOURCES AND CREATE OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES TO THRIVE.

Income
$115,697
Spending
$59,269
Spent on programs
4%
Reserves
11.4 months of spending
Largest source of income
donations and private grants, 86%
Employees
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 74 out of 100. Higher than 41% of charities in its peer group (education, under $250k).

  • Reserves

    28 of 35

    Spendable reserves would cover 11.4 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 49% of income.

  • Spending floor

    0 of 15

    4% of spending went to programs and raising each dollar of donations cost 57 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 50 out of 100. Higher than 24% of charities in its peer group (education, under $250k).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. THIS YEAR, THE PALMETTO CITIZENS FOUNDATION IS ONCE AGAIN JOINING PALMETTO CITIZENS FEDERAL CREDIT UNION TO SUPPORT HARVEST HOPE FOOD BANK-THE STATE'S LARGEST FOOD BANK, PROVIDING MORE THAN 25 MILLION MEALS EACH YEAR TO OUR NEIGHBORS IN NEED. FOR JUST 1, HARVEST HOPE CAN PROVIDE 4 MEALS-TURNING SMALL ACTS OF KINDNESS INTO NOURISHMENT, STABILITY, AND HOPE.
  2. $2,269 spent. ALL OTHER INCOME AND EXPENSES GENERATED OR INCURRED DURING 2025 WERE IN RELATION TO DONATIONS FROM THE PUBLIC.
  3. ALL OTHER INCOME AND EXPENSES GENERATED OR INCURRED DURING 2025 WERE IN RELATION TO DONATIONS FROM THE PUBLIC.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.