Ronald McDonald House Charities Upper Midwest

Analysis

Ronald McDonald House Charities Upper Midwest is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 1977, 49 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 Charities Upper Midwest reported income of $7.1m and spending of $6.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $7.1m (+18%), an average of +4.2% a year. Over the whole period it spent 83% 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 Charities Upper Midwest sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Harbor House ($7.1m), Health Career Connection Inc ($7.1m) and North Shore-Lij Heart Surgery PC ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $645k (9.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $28.0m against liabilities of $622k, net assets of $27.4m. It reported 92 employees.