Ronald McDonald House Charities of Alabama

Analysis

Ronald McDonald House Charities of Alabama is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 1979, 47 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 2023, Ronald McDonald House Charities of Alabama reported income of $3.8m and spending of $3.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.8m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 97% 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 Alabama sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Girl Scouts of Southeastern New England ($3.8m), Childhood Leukemia Foundation Inc ($3.8m) and City of San Francisco Japan Center Garage Corporation ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $165k (4.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $19.8m against liabilities of $261k, net assets of $19.5m. It reported 44 employees.