Ronald McDonald House Charities of Greater Washington DC Inc

Analysis

Ronald McDonald House Charities of Greater Washington DC Inc is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in November 1978, 48 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 of Greater Washington DC Inc reported income of $2.8m and spending of $4.3m, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $2.8m (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 105% 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 of Greater Washington DC Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Maine ($2.8m), Brighton Volunteer Ambulance Inc ($2.8m) and CR Foundation ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $266k (6.2% of expenses). Other salaries and wages came to $1.4m. It paid $262k in professional fundraising fees. At year end it held assets of $20.7m against liabilities of $1.1m, net assets of $19.6m. It reported 35 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.