Ronald McDonald House Charities Inc

Analysis

Ronald McDonald House Charities Inc is a registered charity in United States, based in Fort Wayne, 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 Inc reported income of $1.4m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $742k to $1.4m (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 83% 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 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Brazos Church Pantry Inc ($1.4m), International Center for Community Land Trusts Inc ($1.4m) and Evkids Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $176k (14% of expenses). Other salaries and wages came to $491k. At year end it held assets of $3.6m against liabilities of $101k, net assets of $3.5m. It reported 11 employees.