Ronald McDonald House of Mid- Michigan Inc

Analysis

Ronald McDonald House of Mid- Michigan Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 of Mid- Michigan Inc reported income of $1.1m and spending of $670k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $1.1m (+140%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ronald McDonald House of Mid- Michigan Inc 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 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Sierra Pregnancy & Health ($1.1m), The Methodist Hospitals Foundation Inc ($1.1m) and Brazos County Rape Crisis ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 6.9% of the total. Other salaries and wages came to $231k. At year end it held assets of $2.6m against liabilities of $68k, net assets of $2.6m.