Ronald McDonald House of Scranton Inc

Analysis

Ronald McDonald House of Scranton Inc is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ronald McDonald House of Scranton Inc reported income of $1.2m and spending of $656k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $754k to $1.2m (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ronald McDonald House of Scranton Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Pollination Project Foundation ($1.2m), Gallatin Day Care Center Inc ($1.2m) and Ashakiran Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $245k (37% of expenses). At year end it held assets of $7.8m against liabilities of $15k, net assets of $7.8m.