Ronald McDonald House Charities of Temple Texas

Analysis

Ronald McDonald House Charities of Temple Texas is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in May 1985, 41 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 Temple Texas reported income of $893k and spending of $806k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $589k to $893k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 88% 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 Temple Texas sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Indiana Soccer Association Inc ($893k), Holy Martyrs Armenian Day School ($893k) and Sun City West Foundation ($893k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $196k (24% of expenses). Other salaries and wages came to $88k. At year end it held assets of $5.0m against liabilities of $23k, net assets of $5.0m. It reported 8 employees.