Ronald McDonald House Charities of South Louisiana Inc

Analysis

Ronald McDonald House Charities of South Louisiana Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover mental health and crisis intervention, 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 South Louisiana Inc reported income of $1.9m and spending of $1.5m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $602k to $1.9m (+215%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 65% 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 South Louisiana Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Mamou Health Resources Inc ($1.9m), Direct Care Inc ($1.9m) and US 2 Behavioral Health Care Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $110k (7.3% of expenses). Other salaries and wages came to $386k. At year end it held assets of $13.8m against liabilities of $2.3m, net assets of $11.5m. It reported 14 employees.