Ronald McDonald House Charities of the Intermountain Area Inc

Analysis

Ronald McDonald House Charities of the Intermountain Area Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in February 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 (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 the Intermountain Area Inc reported income of $7.9m and spending of $5.8m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $7.9m (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 67% 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 the Intermountain Area Inc sits at the 82nd 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 94th percentile within UT. Charities of a similar size with the same main cause include Rochester Regional Health Foundation ($7.9m), Indiana Family Health Council Inc ($7.9m) and Aase Haugen Homes Inc ($7.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $328k (5.7% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $32.3m against liabilities of $477k, net assets of $31.8m. It reported 69 employees.