Charity Search / CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION
Community Improvement (S20) 990 on File

CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION

EIN: 56-1470584 · CHERRYVILLE, NC 28021-2115 · United States · FY 2025 Data
3 out of 5 45 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$21K
Total Revenue
$752
Total Expenses
$288K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 4599.19x
Liability-to-Asset N/A
Revenue Diversification 45.6%
Compared with Peers
FY 2025
Compared with 2,629 similar organizations (United States, Community Improvement, under $100K 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
100.0% 83.3%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4599.2 mo 22.5 mo
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
45.6% 96.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
31.7% -0.5%
P10P90
Expense growth
Year over year expense growth
8.2% -1.2%
P10P90
Surplus margin
Surplus as a share of revenue
96.4% 11.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $21K $752 $288K 100.0% —
2024 $16K $695 $268K 100.0% 0
2023 $6K $650 $252K 100.0% —
2022 $10K $615 N/A — 1
2021 $8K $600 N/A — 1
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Organization Details
EIN
56-1470584
State
NC
City
CHERRYVILLE
ZIP
28021-2115
Classification
S20
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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