Clove Alliance

Analysis

Clove Alliance is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in November 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Clove Alliance reported income of $1.8m and spending of $1.8m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $1.8m (+39%), an average of +6.9% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clove Alliance sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Sheltering Arms Foundation ($1.8m), Big Brothers Big Sisters of Central California ($1.8m) and From Ordinary to Extraordinary ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $80k (4.5% of expenses). Other salaries and wages came to $955k. At year end it held assets of $880k against liabilities of $210k, net assets of $670k. It reported 23 employees.