Ronald McDonald House Madison Inc

Analysis

Ronald McDonald House Madison Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in November 1994, 32 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 Madison Inc reported income of $2.4m and spending of $2.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 101% 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 Madison Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Connections for Life ($2.4m), Peer Wellness Collective ($2.4m) and Columbia Free Medical Clinic ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $168k (6.7% of expenses). Other salaries and wages came to $662k. It paid $105k in professional fundraising fees. At year end it held assets of $15.9m against liabilities of $133k, net assets of $15.7m.