Wood County Clover Legacy Foundation

Analysis

Wood County Clover Legacy Foundation is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Wood County Clover Legacy Foundation reported income of $93k and spending of $58k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $93k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wood County Clover Legacy Foundation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include Andrew James Lawson Foundation Inc ($93k), Homeward Bound-Inglewood Housing Corporation ($93k) and Mindfulness Outreach Initiative Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.3% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.