Ronald McDonald House Northwest Florida Inc

Analysis

Ronald McDonald House Northwest Florida Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Northwest Florida Inc reported income of $2.0m and spending of $1.7m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.0m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ronald McDonald House Northwest Florida Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Volusia-Flagler County Coalition for the Homeless Inc ($2.0m), Child Nutrition Service Inc ($2.0m) and Bon Aqua Daycare Center Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $108k (6.4% of expenses). Other salaries and wages came to $558k. At year end it held assets of $7.2m against liabilities of $119k, net assets of $7.1m. It reported 19 employees.