Liabilities / Assets
8th percentile
Higher debt load relative to assets than 8% of similar nonprofits.
EIN 57-0954747 • 501(c)3 • Columbia, SC
Profile
Palmetto state growth fund lessens the burdens of south carolina's state government by assisting the south carolina jobs-economic development authority in meeting its statutory purposes and obligations of promoting economic development and increasing and/or retaining employment in south carolina.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
8th percentile
Higher debt load relative to assets than 8% of similar nonprofits.
Liabilities / Revenue
9th percentile
Higher debt load relative to revenue than 9% of similar nonprofits.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
15th percentile
Higher top officer pay than 15% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Assets
Up$24,246,538
Up $2,861,878 (+13%) from 2023
Liabilities
Down$17,256
Down $16,334 (-49%) from 2023
Net Assets
Up$24,229,282
Up $2,878,212 (+13%) from 2023
Revenue
Up$4,012,576
Up $2,403,508 (+149%) from 2023
Expenses
Down$664,027
Down $62,471 (-8.6%) from 2023
Net Income
Up$3,348,549
Up $2,465,979 (+279%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Palmetto state growth fund lessens the burdens of south carolina's state government by assisting the south carolina jobs-economic development authority in meeting its statutory purposes and obligations of promoting economic development and increasing and/or retaining employment in south carolina.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $8,239,650 | $10,604,688 | ▲ $2,365,038 |
| Other Notes and Loans Receivable, Net | $8,008,999 | $7,856,993 | ▼ $152,006 |
| Investments Program Related | $4,890,697 | $5,610,235 | ▲ $719,538 |
| Cash and Non-Interest-Bearing Accounts | $89,781 | $58,119 | ▼ $31,662 |
| Accounts Receivable | $38,079 | - | - |
| Total Assets | $21,384,660 | $24,246,538 | ▲ $2,861,878 |
| Other Assets Total | $117,454 | $116,503 | ▼ $951 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $33,590 | $17,256 | ▼ $16,334 |
| Total Liabilities | $33,590 | $17,256 | ▼ $16,334 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $21,351,070 | $24,229,282 | ▲ $2,878,212 |
| Total Net Assets Fund Balance | $21,351,070 | $24,229,282 | ▲ $2,878,212 |
| Total Liabilities and Net Assets / Fund Balance | $21,384,660 | $24,246,538 | ▲ $2,861,878 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $1,321,566 | - | - |
| Name | Title |
|---|---|
| Karen J Calhoun | President & |
| Brian Fast | Director |
| Greg Thompson | Director |
| Michael W Nix | Director |
| James a Shuford | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $664,027 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $46,293 | $46,293 | - | $92,586 |
| Fees for Services Accounting | $3,501 | $10,503 | - | $14,004 |
| Fees for Services Legal | $2,516 | $7,548 | - | $10,064 |
| Insurance | $3,972 | $3,972 | - | $7,944 |
| Conferences and Meetings | $2,525 | $2,525 | - | $5,050 |
| Travel | $1,301 | $1,301 | - | $2,602 |
| Occupancy | $825 | $825 | - | $1,650 |
| Office Expenses | $647 | $647 | - | $1,294 |
| Other Expenses | $620 | $620 | - | $1,240 |
| All Other Expenses | $376 | $377 | - | $753 |
| Total Functional Expenses | $587,119 | $76,908 | $0 | $664,027 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $664,027 |
| Total Expenses per Audited Statements | $664,027 |
| Total Expenses per Form 990 | $664,027 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The executive committee which acts as the audit committee reviews the 990.”
“The organization monitors the conflict of interest policy on an inquiry basis.”
“Form 990 filed on guidestar.org. Other governing documents, conflict of interest policy and financial statements are available to the public at its office, 1201 main street, columbia, sc, suite 1745.”
“Palmetto state growth fund, inc”
“Palmetto state growth fund lessens the burdens of south carolina's state government by assisting the south carolina jobs-economic development authority in meeting its statutory purposes and obligations of promoting economic development and increasing and/or retaining employment in south carolina.”
“The company invests funds committed but not yet advanced in short term investments.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 17256 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 38079 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | true |
| IRS990/ActivityOrMissionDesc | 0 | PALMETTO STATE GROWTH FUND LESSENS THE BURDENS OF SOUTH CAROLINA'S STATE GOVERNMENT BY ASSISTING THE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY IN MEETING ITS STATUTORY PURPOSES AND OBLIGATIONS OF PROMOTING ECONOMIC DEVELOPMENT AND INCREASING AND/OR RETAINING EMPLOYMENT IN SOUTH CAROLINA. |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 377 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 376 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 753 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JIMMY PATE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8434419100 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1201 MAIN STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | COLUMBIA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29201 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 89781 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 58119 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 2525 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2525 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 5050 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 412726 |
| IRS990/CYOtherExpensesAmt | 0 | 664027 |
| IRS990/CYOtherRevenueAmt | 0 | 507 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 3599343 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3348549 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 664027 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4012576 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | PALMETTO STATE GROWTH FUND PROVIDES LOAN AND EQUITY FUNDING FOR ECONOMIC DEVELOPMENT INITIATIVES THAT PROMOTE PRIVATE BUSINESS DEVELOPMENT AND JOB GROWTH. THE COMPANY PROVIDES LOANS TO A SPECIALIZED SMALL BUSINESS LENDER WHICH IN TURN USES THE FUNDS TO PURCHASE LOAN PARTICIPATIONS IN SMALL BUSINESS LOANS THAT WOULD NOT BE MADE THROUGH TRADITIONAL SOURCES. THE COMPANY ALSO MAKES EQUITY INVESTMENTS IN START-UP AND EMERGING BUSINESSES TYPICALLY IN INSTANCES THAT FACILITATE FUNDING FROM OUTSIDE SOURCES. |
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| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | PALMETTO STATE GROWTH FUND INC |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 94872 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 10503 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 3501 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14004 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 7548 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 2516 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 10064 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 46293 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 46293 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 92586 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KAREN J CALHOUN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BRIAN FAST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHAEL W NIX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JAMES A SHUFORD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GREG THOMPSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT & |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1992 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 4012576 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3972 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3972 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 7944 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 412726 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 412726 |
| IRS990/InvestmentInJointVentureInd | 0 | true |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 4890697 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 5610235 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | SC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PALMETTO STATE GROWTH FUND LESSENS THE BURDENS OF SOUTH CAROLINA'S STATE GOVERNMENT BY ASSISTING THE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY IN MEETING ITS STATUTORY PURPOSES AND OBLIGATIONS OF PROMOTING ECONOMIC DEVELOPMENT AND INCREASING AND/OR RETAINING EMPLOYMENT IN SOUTH CAROLINA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 21351070 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 24229282 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -470337 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 21351070 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 24229282 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 825 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 825 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1650 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 647 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 647 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1294 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 117454 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 116503 |
| IRS990/OtherExpensesGrp/Desc | 0 | ROUTE 2 SBIC K-1 PORTFOLI |
| IRS990/OtherExpensesGrp/Desc | 1 | PROVISION FOR LOAN LOSSES |
| IRS990/OtherExpensesGrp/Desc | 2 | SOFTWARE AND LICENSE FEE |
| IRS990/OtherExpensesGrp/Desc | 3 | TELEPHONE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2297 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 620 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 492247 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 30000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2296 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 620 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 492247 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 30000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4593 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1240 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISC |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 507 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 507 |
| IRS990/OtherRevenueTotalAmt | 0 | 507 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 8008999 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 7856993 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | KAREN J CALHOUN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ROUTE 2 SBIC 1 DIVID K-1 |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ROUTE 2 SBIC 1&2 INTEREST K-1 |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | ROUTE 2 SBIC GAAP > TAX |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | INTEREST ON BDC INVESTMENT |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | INTEREST ON LOANS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2060652 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 858353 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 404073 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 183283 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 81135 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2060652 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 858353 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 404073 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 183283 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 81135 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | PALMETTO STATE GROWTH FUND IS A LIMITED PARTNER IN A SBA SMALL BUSINESS INVESTMENT COMPANY (SBIC) WHICH MAKES BUSINESS LOANS AND EQUITY INVESTMENTS IN LOWER MIDDLE MARKET BUSINESSES. THE COMPANY'S INVESTMENT PROVIDED INITIAL CAPITAL FOR THE SBIC WHICH IS THE FIRST SBIC BASED IN SOUTH CAROLINA. THE SBIC WAS LICENSED AND BEGAN OPERATIONS IN 2018. PALMETTO STATE GROWTH FUND ALSO PARTICIPATES IN A SECOND SIBC LIMITED PARTNERSHIP WHICH BEGAN OPERATIONS IN 2023 AND ALSO INVESTS IN LOWER MIDDLE MARKET BUSINESSES |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 492247 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 3334925 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | THE COMPANY INVESTS FUNDS COMMITTED BUT NOT YET ADVANCED IN SHORT TERM INVESTMENTS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 376830 |
| IRS990/PYOtherExpensesAmt | 0 | 726498 |
| IRS990/PYOtherRevenueAmt | 0 | 233 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1232005 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 882570 |
| IRS990/PYTotalExpensesAmt | 0 | 726498 |
| IRS990/PYTotalRevenueAmt | 0 | 1609068 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3348549 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RevenueAmt | 0 | 264418 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 8239650 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 10604688 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | true |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd | 0 | X |
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| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd | 0 | true |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | PALMETTO STATE GROWTH FUND (PSGF) SUPPORTS SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY (JEDA SC), AN AGENCY OF THE STATE. JEDA SC WAS FORMED IN 1983 BY THE SOUTH CAROLINA GENERAL ASSEMBLY PURSUANT TO THE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT ACT, CHAPTER 43 OF TITLE 41 OF THE CODE OF LAWS OF SOUTH CAROLINA 1976 AS AMENDED. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | THE CHAIRMAN OF THE SUPPORTED ORGANIZATION, JEDA SC, SERVES AS A MEMBER OF THE PSGF BOARD. HE ALSO HAS THE AUTHORITY TO APPOINT BOARD MEMBER(S) UP TO A TOTAL WHICH DO NOT CONSTITUTE A MAJORITY OF THE APPOINTED MEMBERS. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 2 | PSGF SUPPORTS JEDA SC AS DESCRIBED IN ITS FORM 1023 PURPOSE STATEMENT. THE BOARD EVALUATES PROGRAM ACTIVITIES FOR ITS EFFICACY IN PROMOTING ECONOMIC DEVELOPMENT AND INCREASING/RETAINING EMPLOYMENT IN SOUTH CAROLINA. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION A, LINE 2 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | PART IV, SECTION D, LINE 3 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 2 | PART IV, SECTION E, LINE 1C |
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| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | ROUTE 2 CAPITAL PARTNERS |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | EQUITY INVESTMENTS |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PALMETTO STATE GROWTH FUND, INC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PALMETTO STATE GROWTH FUND LESSENS THE BURDENS OF SOUTH CAROLINA'S STATE GOVERNMENT BY ASSISTING THE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY IN MEETING ITS STATUTORY PURPOSES AND OBLIGATIONS OF PROMOTING ECONOMIC DEVELOPMENT AND INCREASING AND/OR RETAINING EMPLOYMENT IN SOUTH CAROLINA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE COMPANY INVESTS FUNDS COMMITTED BUT NOT YET ADVANCED IN SHORT TERM INVESTMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE EXECUTIVE COMMITTEE WHICH ACTS AS THE AUDIT COMMITTEE REVIEWS THE 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MONITORS THE CONFLICT OF INTEREST POLICY ON AN INQUIRY BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | FORM 990 FILED ON GUIDESTAR.ORG. OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT ITS OFFICE, 1201 MAIN STREET, COLUMBIA, SC, SUITE 1745. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, ITEM C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt | 1 | ROUTE 2 CAPITAL PARTNERS SBIC II LP |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 24246538 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 587119 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 664027 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 33590 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 17256 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 33590 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 17256 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 21351070 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 24229282 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 11847 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 11847 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 587119 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 3599343 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4012576 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 4012576 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 21384660 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 24246538 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 1301 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 1301 |
| IRS990/TravelGrp/TotalAmt | 0 | 2602 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 216 DARES FERRY RD |
| IRS990/USAddress/CityNm | 0 | SPARTANBURG |
| IRS990/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/USAddress/ZIPCd | 0 | 29302 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.PALMETTOSGF.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| IRS990/WrittenPolicyOrProcedureInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KAREN J CALHOUN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT & BRD CHRM |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8434419100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PALMETTO STATE GROWTH FUND INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PALM |
| ReturnHeader/Filer/EIN | 0 | 570954747 |
| ReturnHeader/Filer/PhoneNum | 0 | 8434419100 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 11099 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | COLUMBIA |
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