Ronald McDonald House Charities of Central Texas Inc

Analysis

Ronald McDonald House Charities of Central Texas Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover health care, 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 Central Texas Inc reported income of $8.2m and spending of $5.0m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $8.2m (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 67%. 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 Central Texas Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Potomac Case Management Services Inc ($8.2m), Huntington Hospital Dolan Family Health Center Inc ($8.2m) and Make-A-Wish Foundation of Alaska & Washington ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $289k (5.8% of expenses). Other salaries and wages came to $1.5m. It paid $157k in professional fundraising fees. At year end it held assets of $24.7m against liabilities of $517k, net assets of $24.2m. It reported 31 employees.