Casa Ronald McDonald Puerto Rico Inc

Analysis

Casa Ronald McDonald Puerto Rico Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in April 2008, 18 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, Casa Ronald McDonald Puerto Rico Inc reported income of $509k and spending of $563k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $635k to $509k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income rose by 223%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa Ronald McDonald Puerto Rico Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 56th percentile within PR. Charities of a similar size with the same main cause include Madison Learning Center Inc ($509k), Bees Senior Citizens Inc ($509k) and Voice of Christianity ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $76k (13% of expenses). Other salaries and wages came to $135k. At year end it held assets of $2.4m against liabilities of $7,938, net assets of $2.4m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.