Ronald McDonald House Charities of Southern West Virginia Inc

Analysis

Ronald McDonald House Charities of Southern West Virginia Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in September 1984, 42 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 Southern West Virginia Inc reported income of $790k and spending of $815k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $898k to $790k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 89% 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 Southern West Virginia Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within WV. Charities of a similar size with the same main cause include Mt Eaton Medical Group ($790k), Neurolab 360 ($790k) and Hawaii Association for Infant Mental Health ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $85k (10% of expenses). Other salaries and wages came to $231k. At year end it held assets of $9.0m against liabilities of $17k, net assets of $9.0m. It reported 14 employees.