The Ronald McDonald House of Galveston

Analysis

The Ronald McDonald House of Galveston is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in January 1985, 41 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, The Ronald McDonald House of Galveston reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Ronald McDonald House of Galveston sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Shalom Center for T R E E of Life Therapy Research Education & ($1.2m), Spring Manor of Carroll County ($1.2m) and Oklahoma Project Woman Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 6.7% of the total. Other salaries and wages came to $565k. At year end it held assets of $12.3m against liabilities of $46k, net assets of $12.2m. It reported 19 employees.