Clover Commons Inc

Analysis

Clover Commons Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Clover Commons Inc reported income of $161k and spending of $206k, spending 128% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $160k to $161k (+0.9%), an average of +0.3% a year. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clover Commons Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include RCCG Sanctuary of Double Perfection Inc ($161k), Community Mindfulness Project Incorporated ($161k) and Ohio County & Independent Agricultural Societies ($161k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. At year end it held assets of $785k against liabilities of $40k, net assets of $745k.