Cloverleaf Equine Center

Analysis

Cloverleaf Equine Center is a registered charity in United States, based in Clifton, VA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cloverleaf Equine Center reported income of $1.1m and spending of $1.4m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.1m (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cloverleaf Equine Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Health by Design Inc ($1.1m), Nami Westside LA ($1.1m) and New York Lung Cancer Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $81k (5.8% of expenses). Other salaries and wages came to $447k. At year end it held assets of $9.1m against liabilities of $1.9m, net assets of $7.2m. It reported 25 employees.