Patrick M Mccarthy Foundation Inc is a 501(c)(3) organization based in Indian Wells, California, registered in 2008, with $501,081 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$501K
▲ 209.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$598K
Net assets
$9.3M
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 Patrick M 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 Patrick M Mccarthy Foundation Inc: 187 mo reserves · -19% margin earns a C+ 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 Patrick M 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 Patrick M 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 $139K (FY2020) to $501K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-19.3%
Spent more than it raised in the latest fiscal year.
Total assets
$9.3M
Total liabilities
$0
Net assets
$9.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $501,081▲209% | $597,891▲8.8% | $9,332,630▲4.3% | $9,332,630▲4.3% | 990PF |
| 2023 | $162,010▼89.1% | $549,544▼25.6% | $8,949,730▼3.7% | $8,949,730▼3.7% | 990PF |
| 2022 | $1,481,323▲85.8% | $738,659▲37.3% | $9,298,261▲9.1% | $9,298,261▲9.1% | 990PF |
| 2021 | $797,318▲473% | $537,913▼15.8% | $8,523,041▲5.4% | $8,523,041▲5.4% | 990PF |
| 2020 | $139,201 | $638,743 | $8,084,953 | $8,084,953 | 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 Patrick M Mccarthy Foundation Inc (EIN 26-2804772) 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.