Ronald McDonald House Charities of South Dakota Inc

Analysis

Ronald McDonald House Charities of South Dakota Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in May 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 of South Dakota Inc reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ronald McDonald House Charities of South Dakota Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within SD. Charities of a similar size with the same main cause include Methow Valley Family Home Center Association ($1.4m), Womens & Childrens Crisis Shelter ($1.4m) and Founders Hall Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $109k (8.9% of expenses). Other salaries and wages came to $504k. At year end it held assets of $6.3m against liabilities of $103k, net assets of $6.2m. It reported 36 employees.