Ronald McDonald House Charities in Omaha Inc

Analysis

Ronald McDonald House Charities in Omaha Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1998, 28 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 Charities in Omaha Inc reported income of $2.9m and spending of $2.4m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $2.9m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 47%. 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 Charities in Omaha Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Childrens Cancer Center Inc ($2.9m), West Virginia Drug Intervention Institute Inc ($2.9m) and HIV Education and Prevention Project of Alameda County ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $205k (8.7% of expenses). Other salaries and wages came to $850k. At year end it held assets of $16.0m against liabilities of $1.7m, net assets of $14.3m. It reported 19 employees.