Cherry Street Services Inc

Health · Grand Rapids, Michigan

100 Cherry St Se, Grand Rapids, MI 49503-4526

EIN: 382853534· Founded: May 1989· 37 years active· Filing Year: 2023

Annual Revenue

$91.9M

Total Expenses

$83.9M

Total Assets

$102.2M

Program Spending

80%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$676K

0.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$44.6M

Total Payroll

$45.3M

54% of total expenses

Where the Money Goes

80%

Programs: 80%

Payroll: 54%

Other overhead: 20%

Program Revenue$67.5M (73%)

Total Expenses$83.9M (91%)

Payroll$45.3M (54%)

Overhead (non-program)20%

Trust Score Breakdown

Program Spending Ratio

80% of expenses go to programs

40%

Revenue & Stability

$91.9M annual revenue

15%

Executive Compensation

$676K total officer comp (0.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$102.2M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.