Ronald McDonald House Charities of Greater Delaware Inc

Analysis

Ronald McDonald House Charities of Greater Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 1987, 39 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 Charities of Greater Delaware Inc reported income of $3.1m and spending of $3.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.1m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 94% 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 Charities of Greater Delaware Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within DE. Charities of a similar size with the same main cause include San Francisco Womens Centers ($3.1m), University of Kentucky Markey Cancer Foundation Inc ($3.1m) and Trinity Christian School ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $211k (6.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $15.3m against liabilities of $432k, net assets of $14.8m. It reported 43 employees.