Ronald McDonald House Charities of Ann Arbor

Analysis

Ronald McDonald House Charities of Ann Arbor is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in January 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Ann Arbor reported income of $2.8m and spending of $2.4m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.8m (+105%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 94% 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 Ann Arbor sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.8m), James V Brown Lib Endow FD ($2.8m) and Twilight Acres Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $163k (6.7% of expenses). Other salaries and wages came to $791k. At year end it held assets of $9.1m against liabilities of $74k, net assets of $9.0m. It reported 27 employees.