EHealth CareEIN: 382853534

Cherry Street Services INC

Grand Rapids, Michigan

A-Health Score
81A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.90×
Peer Median8.62×
💰
$91.9M
Total Revenue
📊
$83.9M
Total Expenses
🏦
$75.6M
Net Assets
📋
$26.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.0%
Year-over-year change (2022 → 2023)
Net Margin
+8.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.90
Net assets divided by total expenses
Liabilities-to-Assets
26.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$91,875,8338%$83,933,3393%$102,173,61615%
2022$85,079,2669%$81,283,96318%$88,865,09320%
2021$78,403,3771%$68,660,56711%$74,358,71128%
2020$77,862,450$77,513,837$58,244,8591%
2019$78,025,2987%$77,533,851$57,674,2261%
2018$84,319,22910%$77,848,5605%$56,893,5473%
2017$76,541,5377%$74,472,79710%$58,543,6023%
2016$71,365,2888%$67,605,7292%$56,697,2074%
2015$66,335,668$66,037,1572%$54,295,9431%
2014$66,321,53510%$64,833,8058%$54,013,9035%
2013$60,374,5597%$60,143,11730%$51,451,5153%
2012$56,609,610$46,351,983$52,983,456

Frequently Asked Questions

What does Cherry Street Services INC do?

Cherry Street Services INC is a health care nonprofit organization based in Michigan. It is classified under NTEE code E320 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cherry Street Services INC financially healthy?

Based on our 9-metric Financial Health Score model, Cherry Street Services INC has a score of 81/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Cherry Street Services INC generate?

Cherry Street Services INC reports $91.0M in annual revenue and holds $95.9M in total assets, based on IRS filings.

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