Ronald McDonald House Charities Inc

Analysis

Ronald McDonald House Charities Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Inc reported income of $1.6m and spending of $1.1m, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+3.4%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ronald McDonald House Charities Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include The Foundation at Fcoe ($1.6m), Fu Jen University Foundation ($1.6m) and Lees Helping Hand Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $2.6m against liabilities of $40k, net assets of $2.6m.