Ronald McDonald House Southeastern MN & Western Wi

Analysis

Ronald McDonald House Southeastern MN & Western Wi is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in February 1979, 47 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 Southeastern MN & Western Wi reported income of $3.7m and spending of $3.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.7m (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 91% 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 Southeastern MN & Western Wi sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Faith Ministries Inc ($3.7m), Verde Valley Ambulance Co Inc ($3.7m) and Fundamental Christian Endeavors Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $186k (5.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $27.4m against liabilities of $193k, net assets of $27.2m. It reported 25 employees.