Ronald McDonald House Charities of Southern California

Analysis

Ronald McDonald House Charities of Southern California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1977, 49 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 Southern California reported income of $17.2m and spending of $21.0m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.1m to $17.2m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 90% 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 Southern California sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Evergreen Freedom Foundation ($17.2m), Services & Advocacy for Gay Lesbian Bisexual & Transgender Elders Inc ($17.2m) and Institute for Humane Studies ($17.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $271k (1.3% of expenses). Other salaries and wages came to $7.9m. It paid $505k in professional fundraising fees. At year end it held assets of $109.3m against liabilities of $22.5m, net assets of $86.8m. It reported 208 employees.