Ronald McDonald House West Tennessee & Northeast Arkansas

Analysis

Ronald McDonald House West Tennessee & Northeast Arkansas is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 West Tennessee & Northeast Arkansas reported income of $5.1m and spending of $3.9m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $5.1m (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 94% 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 West Tennessee & Northeast Arkansas sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Straub Foundation ($5.1m), Community Cancer Foundation Community Cancer Center ($5.1m) and Baptist Health Care Foundation Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $327k (8.3% of expenses). Other salaries and wages came to $1.2m. It paid $108k in professional fundraising fees. At year end it held assets of $25.0m against liabilities of $161k, net assets of $24.8m. It reported 28 employees.