Ronald McDonald House Charities of the Central Valley Inc

Analysis

Ronald McDonald House Charities of the Central Valley Inc is a registered charity in United States, based in Madera, CA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. 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 Central Valley Inc reported income of $2.6m and spending of $2.1m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.6m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 70% 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 of the Central Valley Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include YWCA Metropolitan Phoenix ($2.6m), Black Swamp Area Council Inc Boy Scouts of America ($2.6m) and Hope Haven Support Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $149k (7.2% of expenses). Other salaries and wages came to $730k. At year end it held assets of $15.1m against liabilities of $405k, net assets of $14.7m. It reported 27 employees.