Walter T Mccarthy Law Library is a 501(c)(3) organization based in Arlington, Virginia, registered in 1978, with $91,147 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$91K
▲ 31.9% vs prior year
Education median: $200K
Expenses (FY2024)
$74K
Net assets
$89K
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 Walter T Mccarthy Law Library— 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 Walter T Mccarthy Law Library: 14 mo reserves · +19% 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 Walter T Mccarthy Law Library— 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 Walter T Mccarthy Law Library: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $78K (FY2019) to $91K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
18.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$89K
Total liabilities
$0
Net assets
$89K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $91,147▲31.9% | $74,061▼6.5% | $88,695▲23.9% | $88,695▲23.9% | 990EZ |
| 2023 | $69,095▼21.4% | $79,229▼9.7% | $71,609▼12.4% | $71,609▼12.4% | 990EZ |
| 2022 | $87,951▲1.2% | $87,697▲0.8% | $81,743▲6.1% | $81,743▼1.4% | 990EZ |
| 2021 | $86,903▲5.3% | $86,977▲6.7% | $77,013▼0.1% | $82,913▼0.8% | 990EZ |
| 2020 | $82,521▲5.3% | $81,516▲13.7% | $77,087▲1.3% | $83,615▼0.4% | 990EZ |
| 2019 | $78,359 | $71,721 | $76,082 | $83,974 | 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 Walter T Mccarthy Law Library (EIN 51-0223964) 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.