Human Services
(P330)
IRS Verified
DX Registered
990 on File
CHEERFUL HOME ASSOCIATION
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The purpose of the Cheerful Home Association is to provide quality daycare for all children of the community, with primary emphasis on the care of children of lower income families. Cheerful Home holds the belief that each child is entitled to a stimulating and nurturing environment in which to grow and learn. Cheerful Home is therefore committed to providing an educational curriculum emphasizing skills appropriate to the developmental level of the child.
Financial Overview — FY 2025
$2.1M
Total Revenue
$2.0M
Total Expenses
$2.3M
Net Assets
68
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.0%
Fundraising Efficiency
543.7%
Operating Reserve
14.15x
Liability-to-Asset
5.8%
Revenue Diversification
69.5%
Compared with Peers
FY 2025
Compared with 3,979 similar organizations
(United States, Human Services, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.0% | 85.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.0% | 11.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.0% | 0.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
543.7% | 140.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.2 mo | 9.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.8% | 12.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.5% | 92.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-0.2% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.7% | 5.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.9% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.1M | $2.0M | $2.3M | 90.0% | 68 |
| 2024 | $2.1M | $1.9M | $2.2M | 88.7% | 66 |
| 2023 | $2.0M | $1.7M | $1.9M | 86.7% | 74 |
| 2022 | $1.7M | $1.6M | N/A | — | 68 |
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