Ronald McDonald House Charities of Mississippi Inc

Analysis

Ronald McDonald House Charities of Mississippi Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover health care, 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 Charities of Mississippi Inc reported income of $663k and spending of $561k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $663k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 103% 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 Charities of Mississippi Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within MS. Charities of a similar size with the same main cause include Forensic Diagnostic Center of District Nine Inc ($663k), Supporters of Families with Sickle Cell Disease ($663k) and Mental Health America of Lancaster County ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $80k (14% of expenses). Other salaries and wages came to $115k. At year end it held assets of $3.2m against liabilities of $21k, net assets of $3.2m. It reported 6 employees.