Valerye H Mccarthy Charitable Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2017, with $9,888 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$9,888
▼ 80.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$35K
Net assets
$288K
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 Valerye H Mccarthy Charitable 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 Valerye H Mccarthy Charitable Foundation: 98 mo reserves · -256% margin earns a F 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 Valerye H Mccarthy Charitable 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 Valerye H Mccarthy Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $10K (FY2020) to $9,888 (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-256.4%
Spent more than it raised in the latest fiscal year.
Total assets
$288K
Total liabilities
$0
Net assets
$288K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,888▼80.4% | $35,237▼12.3% | $287,541▼3.5% | $287,541▼3.5% | 990PF |
| 2023 | $50,511▲788% | $40,199▲19.6% | $297,890▼1.4% | $297,890▼1.4% | 990PF |
| 2022 | -$7,337▼39.7% | $33,600▼6.8% | $302,103▼12.9% | $302,103▼12.9% | 990PF |
| 2021 | -$5,251▼152% | $36,047▼16.4% | $346,980▼10.8% | $346,980▼10.8% | 990PF |
| 2020 | $10,146 | $43,132 | $389,088 | $389,088 | 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 Valerye H Mccarthy Charitable Foundation (EIN 81-3514407) 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.