Ronald McDonald House Charities of South Florida Inc

Analysis

Ronald McDonald House Charities of South Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 1979, 47 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 South Florida Inc reported income of $4.4m and spending of $2.8m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $4.4m (+165%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 235%. Over the whole period it spent 51% 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 South Florida Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include No Baby Blisters ($4.4m), Cleveland Va Medical Research and Education Foundation ($4.4m) and West Virginia Health Information Network ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $119k (4.2% of expenses). Other salaries and wages came to $373k. At year end it held assets of $17.9m against liabilities of $156k, net assets of $17.7m. It reported 19 employees.