Ronald McDonald House Charities of Greater Cincinnati

Analysis

Ronald McDonald House Charities of Greater Cincinnati is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Greater Cincinnati reported income of $9.9m and spending of $9.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.1m to $9.9m (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ronald McDonald House Charities of Greater Cincinnati sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Food & Water Watch ($9.9m), Mercy Housing Mountain Plains ($9.9m) and Intercultural Family Services Inc ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $860k (9.2% of expenses). Other salaries and wages came to $2.9m. It paid $90k in professional fundraising fees. At year end it held assets of $92.1m against liabilities of $589k, net assets of $91.5m. It reported 87 employees.