Ronald McDonald House Charities of Indiana-Michiana Inc

Analysis

Ronald McDonald House Charities of Indiana-Michiana Inc is a registered charity in United States, based in South Bend, IN. 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 of Indiana-Michiana Inc reported income of $2.0m and spending of $976k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 49% 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 of Indiana-Michiana Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Renaissance Unlimited Homes Inc ($2.0m), Gretna Elite Academy ($2.0m) and Ica Group Incorporated ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. Other salaries and wages came to $542k. At year end it held assets of $14.8m against liabilities of $38k, net assets of $14.8m. It reported 21 employees.