Ronald McDonald House Charities-Bay Area

Analysis

Ronald McDonald House Charities-Bay Area is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in May 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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-Bay Area reported income of $13.3m and spending of $10.0m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $13.3m (+90%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 99% 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 Charities-Bay Area sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Integrity Inc ($13.3m), International School of Indiana Inc ($13.3m) and Independence Center ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $672k (6.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $101.4m against liabilities of $841k, net assets of $100.6m. It reported 85 employees.