Ronald McDonald House Louisville Inc

Analysis

Ronald McDonald House Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Louisville Inc reported income of $5.0m and spending of $4.0m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $5.0m (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ronald McDonald House Louisville Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Geneva Nursing Home Inc ($5.0m), Ogeechee Area Hospice Inc ($5.0m) and Mountain Hospice Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $446k (11% of expenses). Other salaries and wages came to $867k. At year end it held assets of $28.0m against liabilities of $961k, net assets of $27.1m. It reported 32 employees.