Cherubim Developmental Training Program Inc

Analysis

Cherubim Developmental Training Program Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Cherubim Developmental Training Program Inc reported income of $1.4m and spending of $1.2m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $386k to $1.4m (+252%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cherubim Developmental Training Program Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Mothers Helping Mothers Inc ($1.4m), Sugar Plum Inc ($1.4m) and River Cities Harvest Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $160k (14% of expenses). Other salaries and wages came to $646k. At year end it held assets of $1.1m against liabilities of $73k, net assets of $1.1m. It reported 18 employees.