Ronald McDonald House New Mexico

Analysis

Ronald McDonald House New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 1980, 46 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 New Mexico reported income of $1.4m and spending of $1.8m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $1.4m (-60%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 90% 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 New Mexico 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 83rd percentile within NM. Charities of a similar size with the same main cause include Institute for Psychoanalytic Training and Research Inc ($1.4m), Stupid Cancer Inc ($1.4m) and Central Emergency Medical Services Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $145k (7.9% of expenses). Other salaries and wages came to $607k. It paid $111k in professional fundraising fees. At year end it held assets of $10.1m against liabilities of $101k, net assets of $10.0m. It reported 31 employees.