Ronald McDonald House Charities of the Southwest Inc

Analysis

Ronald McDonald House Charities of the Southwest Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in April 1984, 42 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 Southwest Inc reported income of $1.4m and spending of $1.9m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.4m (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 91% 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 Southwest Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Association Pour Le Retablissement Des Institutions Et Oeuvres Juives ($1.4m), Team Lafontaine Ucancervive Foundation ($1.4m) and Kidney Foundation of Ohio Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $279k (15% of expenses). Other salaries and wages came to $488k. It paid $106k in professional fundraising fees. At year end it held assets of $6.3m against liabilities of $114k, net assets of $6.2m. It reported 43 employees.