David M Mccarthy Memorial Foundation is a 501(c)(3) organization based in Batavia, New York, registered in 2018, with $35,073 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$35K
▲ 6.6% vs prior year
Youth median: $163K
Expenses (FY2024)
$24K
Net assets
$45K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 David M Mccarthy Memorial Foundation— 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 David M Mccarthy Memorial Foundation: 22 mo reserves · +31% margin earns a A 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 David M Mccarthy Memorial Foundation— 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 David M Mccarthy Memorial Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $13K (FY2018) to $35K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
31.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$45K
Total liabilities
$0
Net assets
$45K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,073▲6.6% | $24,031▼18.2% | $44,837▲32.7% | $44,837▲32.7% | 990EZ |
| 2023 | $32,915▲7.7% | $29,385▲8.6% | $33,795▲11.7% | $33,795▲11.7% | 990EZ |
| 2022 | $30,550▲16.8% | $27,066▲71.1% | $30,265▲13.0% | $30,265▲13.0% | 990EZ |
| 2021 | $26,151▲68.6% | $15,820▲204% | $26,781▲62.8% | $26,781▲62.8% | 990EZ |
| 2020 | $15,512▼6.6% | $5,200▼83.5% | $16,450▲168% | $16,450▲168% | 990EZ |
| 2019 | $16,610▲28.0% | $31,585▲96.6% | $6,138▼70.9% | $6,138▼70.9% | 990EZ |
| 2018 | $12,977 | $16,067 | $21,113 | $21,113 | 990EZ |
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 David M Mccarthy Memorial Foundation (EIN 82-3022895) 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.