Clover Fork Outpatient Medical Project Inc

Analysis

Clover Fork Outpatient Medical Project Inc is a registered charity in United States, based in Evarts, KY. It received its IRS tax-exemption ruling in November 1970, 56 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clover Fork Outpatient Medical Project Inc reported income of $6.7m and spending of $4.2m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $6.7m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clover Fork Outpatient Medical Project Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Recovery Services of Northwest Ohio Inc ($6.7m), Uncompahgre Combined Clinics ($6.7m) and Alzheimers Greater Los Angeles ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $2.6m (61% of expenses). At year end it held assets of $21.6m against liabilities of $444k, net assets of $21.2m. It reported 53 employees.