Ronald McDonald House of Dallas Inc

Analysis

Ronald McDonald House of Dallas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1979, 47 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 of Dallas Inc reported income of $3.6m and spending of $3.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.6m (+17%), an average of +4.0% a year. Over the whole period it spent 92% 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 of Dallas Inc sits at the 90th percentile: it is larger than about 90% 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 Housing Industry Foundation ($3.6m), The Trustees of the New York Society Library ($3.6m) and The Council for Canadian American Relations Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $395k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.0m against liabilities of $288k, net assets of $6.7m. It reported 55 employees.