Ronald McDonald House Charities of Tulsa Inc

Analysis

Ronald McDonald House Charities of Tulsa Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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 Tulsa Inc reported income of $1.4m and spending of $1.1m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 97% 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 Tulsa Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include Filipino Community Center Inc ($1.4m), The Southern Development Council Inc ($1.4m) and The National Brotherhood of Snowsports ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $460k. At year end it held assets of $7.8m against liabilities of $31k, net assets of $7.8m. It reported 13 employees.