701-703 Mccarter Holding Company Inc is a 501(c)(2) organization based in Newark, New Jersey, registered in 2017, with $320,273 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$320K
▲ 6.4% vs prior year
Community median: $184K
Expenses (FY2024)
$237K
Net assets
$2.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 701-703 Mccarter Holding Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 701-703 Mccarter Holding Company Inc: 140 mo reserves · +26% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 701-703 Mccarter Holding Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 701-703 Mccarter Holding Company Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $35K (FY2016) to $320K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
26.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.8M
Total liabilities
$23K
Net assets
$2.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $320,273▲6.4% | $236,562▲0.4% | $2,763,686▼2.0% | $2,786,950▼2.0% | 990 |
| 2023 | $300,885▲15.5% | $235,656▲0.2% | $2,819,975▼3.9% | $2,842,439▼3.8% | 990 |
| 2022 | $260,397▼9.7% | $235,092▲8.2% | $2,934,746▼2.5% | $2,953,810▼2.5% | 990 |
| 2021 | $288,491▲5.2% | $217,338▼4.5% | $3,009,442▼2.6% | $3,028,535▼2.6% | 990 |
| 2020 | $274,242▲29.5% | $227,528▲16.3% | $3,088,289▼1.7% | $3,110,558▼1.6% | 990 |
| 2019 | $211,784▼23.1% | $195,640▼10.9% | $3,141,575▲11.2% | $3,160,669▲11.1% | 990 |
| 2018 | $275,502▲2.0% | $219,648▲12.0% | $2,825,431▲2.0% | $2,844,525▲1.7% | 990 |
| 2017 | $270,017▲673% | $196,101▲348% | $2,769,578▼0.9% | $2,796,435▼1.4% | 990 |
| 2016 | $34,948 | $43,809 | $2,795,662 | $2,836,168 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for 701-703 Mccarter Holding Company Inc (EIN 81-4386427) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.