Ronald McDonald House Charities of Central Illinois

Analysis

Ronald McDonald House Charities of Central Illinois is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in January 1984, 42 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 Central Illinois reported income of $1.6m and spending of $2.4m, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $1.6m (-56%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 80% 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 Central Illinois sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Lansing Area AIDS Network ($1.6m), Roman Catholic Pontifical Lay Association Memores Domini ($1.6m) and Cita Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $788k. At year end it held assets of $16.7m against liabilities of $3.5m, net assets of $13.1m. It reported 34 employees.