Brian S McCarthy Memorial Foundation

Analysis

Brian S McCarthy Memorial Foundation is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brian S McCarthy Memorial Foundation reported income of $88k and spending of $29k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $88k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brian S McCarthy Memorial Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within NH. Charities of a similar size with the same main cause include Jewish Foundation for Group Homesendowment Inc ($88k), Shiviti Inc ($88k) and Community Chest of Oldham County ($88k).

At year end it held assets of $213k against liabilities of $0, net assets of $213k.