Ronald McDonald House Charities of San Diego Inc

Analysis

Ronald McDonald House Charities of San Diego Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1978, 48 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 San Diego Inc reported income of $12.3m and spending of $9.1m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $12.3m (+66%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 73% 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 San Diego Inc 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 Walter L Shepeard Community Blood Center Inc ($12.3m), Aiken Barnwell Counties Community Action Agency Inc ($12.3m) and Cade Creativity Labs Inc ($12.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $956k (11% of expenses). Other salaries and wages came to $2.9m. It paid $152k in professional fundraising fees. At year end it held assets of $49.7m against liabilities of $5.8m, net assets of $43.8m. It reported 62 employees.