Michael M & Pamela D Mccarthy Foundation Inc is a 501(c)(3) organization based in Ocean Ridge, Florida, registered in 1996, with $158,988 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$159K
▲ 1274.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$31K
Net assets
$346K
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 Michael M & Pamela D Mccarthy Foundation 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 Michael M & Pamela D Mccarthy Foundation Inc: 133 mo reserves · +80% 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 Michael M & Pamela D Mccarthy Foundation 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 Michael M & Pamela D Mccarthy Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $31K (FY2014) to $159K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
80.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$346K
Total liabilities
$0
Net assets
$346K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $158,988▲1274% | $31,133▼52.0% | $345,979▲58.6% | $345,979▲58.6% | 990PF |
| 2023 | $11,571▼9.9% | $64,896▲169% | $218,124▼19.6% | $218,124▼19.6% | 990PF |
| 2022 | $12,840▼87.1% | $24,133▼73.5% | $271,449▼4.0% | $271,449▼4.0% | 990PF |
| 2021 | $99,901▲938% | $90,955▲132% | $282,742▲3.3% | $282,742▲3.3% | 990PF |
| 2020 | $9,626▼87.0% | $39,171▲4.3% | $273,796▼9.7% | $273,796▼9.7% | 990PF |
| 2019 | $73,964▲188% | $37,548▲8.9% | $303,341▲13.6% | $303,341▲13.6% | 990PF |
| 2018 | $25,690▼10.0% | $34,464▲21.1% | $266,925▼3.2% | $266,925▼3.2% | 990PF |
| 2017 | $28,538▼50.8% | $28,456▼8.1% | $275,699 | $275,699 | 990PF |
| 2016 | $58,011▼10.6% | $30,972▼28.2% | $275,617▲10.9% | $275,617▲10.9% | 990PF |
| 2015 | $64,872▲112% | $43,158▲34.3% | $248,578▲9.6% | $248,578▲9.6% | 990PF |
| 2014 | $30,555 | $32,133▼51.7% | $226,864▼0.6% | $226,864▼0.6% | 990PF |
| 2012 | — | $66,485 | $228,346 | $228,346 | 990PF |
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 Michael M & Pamela D Mccarthy Foundation Inc (EIN 52-2001767) 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.