Ronald McDonald House Charities of Oklahoma City Inc

Analysis

Ronald McDonald House Charities of Oklahoma City Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in March 1981, 45 years ago. The IRS classifies it as a hospital or medical research organisation 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 Oklahoma City Inc reported income of $4.9m and spending of $1.4m, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $4.9m (+187%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 60% 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 Oklahoma City Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include AIDS Resource Foundation for Children ($4.9m), Detroit Urban League ($4.9m) and Boy Scouts of America ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $194k (14% of expenses). Other salaries and wages came to $450k. At year end it held assets of $17.0m against liabilities of $113k, net assets of $16.9m. It reported 24 employees.