Ronald McDonald House Charities of Tallahassee Inc

Analysis

Ronald McDonald House Charities of Tallahassee Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in September 1987, 39 years ago. 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 2022, Ronald McDonald House Charities of Tallahassee Inc reported income of $496k and spending of $287k, leaving 42% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $484k to $496k (+2.3%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ronald McDonald House Charities of Tallahassee Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Bowen Nursery School Inc ($495k), Marlborough Cable Trust ($496k) and PTA Texas Congress ($495k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $84k (29% of expenses). Other salaries and wages came to $51k. At year end it held assets of $2.9m against liabilities of $3,717, net assets of $2.9m. It reported 8 employees.