Ronald McDonald House Charities of Central Pa

Analysis

Ronald McDonald House Charities of Central Pa is a registered charity in United States, based in Hershey, PA. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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 Charities of Central Pa reported income of $2.7m and spending of $1.9m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.7m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ronald McDonald House Charities of Central Pa sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Wyandanch Wheatley Heights Ambulance Corp ($2.7m), Pathways for Change Inc ($2.7m) and Young Mens Christian Association Camp Olson ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $129k (6.7% of expenses). Other salaries and wages came to $634k. At year end it held assets of $15.8m against liabilities of $70k, net assets of $15.7m. It reported 29 employees.