Cheerful Home Association

Analysis

Cheerful Home Association is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in June 1944, 82 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cheerful Home Association reported income of $2.1m and spending of $1.9m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.1m (+57%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cheerful Home Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Nourish California ($2.1m), The Harvest Center of Charlotte Inc ($2.1m) and Family Works Programs Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 26% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.3m against liabilities of $122k, net assets of $2.2m. It reported 66 employees.