Southern Appalachian Ronald McDonald House Charities Inc

Analysis

Southern Appalachian Ronald McDonald House Charities Inc is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Southern Appalachian Ronald McDonald House Charities Inc reported income of $685k and spending of $679k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $685k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southern Appalachian Ronald McDonald House Charities Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Rensselaer Boys Club Incorporated ($684k), Project Ricochet Inc ($685k) and 4 Elements Earth Education Incorporated ($684k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $308k. At year end it held assets of $3.2m against liabilities of $18k, net assets of $3.2m. It reported 16 employees.