Cherryville Area Ministries And Thrift Shop

Human Services · Cherryville, North Carolina

Po Box 611, Cherryville, NC 28021-0611

EIN: 561002225· Founded: May 1977· 49 years active· Filing Year: 2023

Annual Revenue

$363K

Total Expenses

$295K

Total Assets

$546K

Program Spending

86%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$38K

12.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$91K

Total Payroll

$128K

43% of total expenses

Where the Money Goes

86%

Programs: 86%

Payroll: 43%

Other overhead: 14%

Program Revenue$254K (70%)

Total Expenses$295K (81%)

Payroll$128K (43%)

Overhead (non-program)14%

Trust Score Breakdown

Program Spending Ratio

86% of expenses go to programs

40%

Revenue & Stability

$363K annual revenue

15%

Executive Compensation

$38K total officer comp (12.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$546K 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.