Ronald McDonald House Philadelphia

Analysis

Ronald McDonald House Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1976, 50 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 Philadelphia reported income of $10.4m and spending of $11.4m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.9m to $10.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 95% 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 Philadelphia sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Metro Deaf School Inc ($10.4m), Safe & Sound ($10.4m) and Big Green Scholarship Foundation Inc ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $237k (2.1% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $42.9m against liabilities of $7.0m, net assets of $35.9m. It reported 103 employees.