Ronald McDonald House Charities South Texas

Analysis

Ronald McDonald House Charities South Texas is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in June 1986, 40 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 (gross receipts test) 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 South Texas reported income of $3.6m and spending of $1.9m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.6m (+113%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 59% 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 South Texas sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Andrews Research & Education Foundation Inc ($3.6m), Cmit Louisiana LLC ($3.6m) and Tidalhealth Physician Network Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $136k (7.3% of expenses). Other salaries and wages came to $777k. At year end it held assets of $10.2m against liabilities of $79k, net assets of $10.1m. It reported 43 employees.