CSCharityScored
67

Cherry Lake Utilities Corp

Other · Madison, Florida

257 Ne Berkshire Rd, Madison, FL 32340-3605

EIN: 590563580· Founded: Jun 1944· 82 years active· Filing Year: 2022

Annual Revenue

$137K

Total Expenses

$111K

Total Assets

$225K

Program Spending

109%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$20K

17.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$10K

Total Payroll

$29K

26% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 26%
Other overhead: -8%
Program Revenue$121K (88%)
Total Expenses$111K (81%)
Payroll$29K (26%)
Overhead (non-program)-8%

Trust Score Breakdown

Program Spending Ratio

109% of expenses go to programs

40%

Revenue & Stability

$137K annual revenue

15%

Executive Compensation

$20K total officer comp (17.6% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$225K in assets

10%

Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.