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McCarthy Charities INC EIN 14-6019064

McCarthy Charities INC

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A private foundation based in Troy, NY. It reported about $804K in revenue for 2025. For fiscal year 2025 it reported $804K in revenue, $750K in expenses, and $11.7M in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Troy, NY
Filings
6 on file (2020–2025)
Revenue
$804KFY2025
Expenses
$750K
Net assets
$11.7M
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  14-6019064 Private foundation / grantmaker Troy, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Troy, NY. It reported about $804K in revenue for 2025.
Leadership
Colin Beauvais · Director
Money in and out
$804K revenue, $750K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$804K
Pt VIII · Ln 12
Total expenses
$750K
Pt IX · Ln 25
Net assets
$11.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $54K
Total assets
11.7M
deployed as grants and operations
Grants paid
627K
in FY2025
Grants made
58grants
total in period
Payout rate
5%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 58 grants · $627K · 2025–2025
Emma Willard SchoolNY · FY2025$50,000
Commission on Economic Opportunity for the Greater Capital RegionFY2025$50,000
East Side Neighborhood Recreation Center - Hope 7FY2025$35,000
Troy Savings Bank Music Hall CorporationNY · FY2025$33,000
Capital District YMCA - Troy BranchFY2025$30,000
Media Alliancesanctuary for Independent MediaFY2025$23,000
Troy Public School 2 PTAFY2025$20,000
Sidewalk Warriors Troy INCNY · FY2025$20,000
Questar III Boceseducation FoundationFY2025$20,000
Hudson Valley Community College FoundationFY2025$20,000
Hudson Taconic LandsFY2025$15,000
Troy Youth Association INCNY · FY2025$12,000
Troy Youth Association INCNY · FY2025$12,000
Friends of Prospect ParkFY2025$12,000
Young Womens Christian Association of the Greater Capital Region INCNY · FY2025$10,000
Whitney M Young JR Health Center INCNY · FY2025$10,000
Troy Area United Ministries INCNY · FY2025$10,000
Tap INCAL · FY2025$10,000
See all 58 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV20
Average grantPart XV$11K
Median grantPart XV$10K
Largest grantPart XV$50K
Top cause focusNTEEHuman Services (9%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$804K
FY2025▼ -34%
Expenses
$750K
FY2025▲ +6%
Total assets
$11.7M
FY2025+0.5%
Total liabilities
$0
FY2025
Total revenue
$804K
Pt VIII · Ln 12
Total expenses
$750K
Pt IX · Ln 25
Net assets
$11.7M
Pt X · Ln 32
Total assetsPt II$11.7M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMcCarthy Charities INC
EINHdr · item D14-6019064
Principal addressHdr · item CTroy, NY
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1940

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Rosanne Lobitz
Vice President
$0Pt VII · Sec A
Brenden McCarthy
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Jane McCarthy
Secretary
$0Pt VII · Sec A
See McCarthy Charities INC executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$804K
Total revenueLn 12$804K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.84 Operating & administrative $0.16
Grants & contributions paid84%$627K
Operating & administrative16%$123K
Total functional expensesLn 25$750K

Balance Sheet

Part X · end of year
CashLn 1$203K
Total assetsLn 16$11.7M
Total liabilitiesLn 26$0
Total net assetsLn 32$11.7M
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $11.7M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $804K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $804K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $804K · Prior year $1.2M
-34%
Revenue CAGR
FY2020 $303K · FY2025 $804K
+22%
Net-asset trend (YoY)
End of year $11.7M · Beginning of year $11.7M
+0.5%
Balance sheet
Surplus Margin
Revenue $804K · Expenses $750K
+7%
Liabilities-to-Assets
Total liabilities $0 · Total assets $11.7M
0%
Net-asset ratio
Net assets $11.7M · Total assets $11.7M
100%
People & payroll
Highest Reported Total Compensation
Individual Colin Beauvais · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $750K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -34%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$804K revenue · viewing · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$527K revenue · ⤓ 990 PDF
FY2022$323K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$303K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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