Ronald McDonald House Charities of Huntington Inc

Analysis

Ronald McDonald House Charities of Huntington Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in November 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 (gross receipts test) 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 Huntington Inc reported income of $949k and spending of $885k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $884k to $949k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 78% 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 Huntington Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within WV. Charities of a similar size with the same main cause include Newly Destined Inc ($949k), Bryn Mawr Rehabilitation Foundation ($950k) and Alabama Chapter of the American Academy of Pediatrics ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $63k (7.1% of expenses). Other salaries and wages came to $301k. At year end it held assets of $5.3m against liabilities of $27k, net assets of $5.3m. It reported 17 employees.