Ronald McDonald House Charities of Mobile Inc

Analysis

Ronald McDonald House Charities of Mobile Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Mobile Inc reported income of $1.2m and spending of $1.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $841k to $1.2m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ronald McDonald House Charities of Mobile Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Kualoa Heeia Ecumenical Youth Project ($1.2m), Woodbourne Woods Inc ($1.2m) and Burks Supportive Living Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $88k (7.2% of expenses). Other salaries and wages came to $373k. It paid $228k in professional fundraising fees. At year end it held assets of $6.5m against liabilities of $142k, net assets of $6.4m. It reported 18 employees.