Cherish Young Moms

Analysis

Cherish Young Moms is a registered charity in United States, based in Fontana, CA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Cherish Young Moms reported income of $289k and spending of $164k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $155k to $289k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cherish Young Moms sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Workcampne ($289k), Worldwide Marriage Encounter - Region 23 Inc ($289k) and South American Call Inc ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (31% of expenses). Other salaries and wages came to $8,125. At year end it held assets of $312k against liabilities of $0, net assets of $312k. It reported 2 employees.