Ronald McDonald House Albany Inc

Analysis

Ronald McDonald House Albany Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Ronald McDonald House Albany Inc reported income of $2.9m and spending of $2.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.9m (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ronald McDonald House Albany Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Natividad Medical Foundation Inc ($2.9m), Vaccinate Your Family Inc ($2.9m) and Saint Francis Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $266k (9.0% of expenses). Other salaries and wages came to $1.2m. It paid $198k in professional fundraising fees. At year end it held assets of $6.4m against liabilities of $407k, net assets of $6.0m. It reported 42 employees.