Ronald McDonald House Charities of Bismarck

Analysis

Ronald McDonald House Charities of Bismarck is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Bismarck reported income of $697k and spending of $957k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $697k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ronald McDonald House Charities of Bismarck sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within ND. Charities of a similar size with the same main cause include Housing Partnership for Morris County Inc ($697k), Telacu Housing Pomona Inc ($698k) and Cabot Housing Inc ($697k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $119k (12% of expenses). Other salaries and wages came to $190k. At year end it held assets of $2.8m against liabilities of $31k, net assets of $2.7m. It reported 15 employees.