Ronald McDonald House Charities Inc

Analysis

Ronald McDonald House Charities Inc is a registered charity in United States, based in Drums, PA. It received its IRS tax-exemption ruling in December 2007, 19 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 Inc reported income of $252k and spending of $538k, spending 213% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $252k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 105% 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 Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Community Housing Alternatives Inc ($252k), Visions in Rhythm ($252k) and Johnson County Senior Center ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.