Ronald McDonald House Charities of Hawaii Inc

Analysis

Ronald McDonald House Charities of Hawaii Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 1983, 43 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 Hawaii Inc reported income of $2.6m and spending of $2.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.6m (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 74% 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 Hawaii 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 HI. Charities of a similar size with the same main cause include Etowah-Horseshoe Volunteer Fire & Rescue Department Inc ($2.6m), Mid Shore Council on Family Violence Inc ($2.6m) and African American Alliance for Home Ownership Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $156k (6.6% of expenses). Other salaries and wages came to $781k. At year end it held assets of $18.8m against liabilities of $29k, net assets of $18.8m. It reported 29 employees.