Quick charity verification for Ronald Mcdonald House Of New York Inc (EIN: 132933654)
Verdict: Ronald Mcdonald House Of New York Inc appears trustworthy
90/100Mission Score
$34.0MRevenue
$125.6MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $10.5M in 2023, $6.1M in 2022), where expenses significantly exceed revenue.
Significant year-over-year fluctuations in revenue, making financial planning potentially challenging.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial transparency and dedication to mission.
Substantial asset base ($125,572,623) provides financial resilience.
Clear mission focus as indicated by NTEE code E860 (Residential Care & Housing Facilities).
Spending Breakdown
How Ronald Mcdonald House Of New York Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Ronald Mcdonald House Of New York Inc
Is Ronald Mcdonald House Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ronald Mcdonald House Of New York Inc (EIN: 132933654) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.
Is Ronald Mcdonald House Of New York Inc a good charity to donate to?
Ronald Mcdonald House Of New York Inc has a Mission Score of 90/100. Revenue: $34.0M. Assets: $125.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ronald Mcdonald House Of New York Inc?
The Employer Identification Number (EIN) for Ronald Mcdonald House Of New York Inc is 132933654. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Ronald Mcdonald House Of New York Inc spend its money?
Ronald Mcdonald House Of New York Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ronald Mcdonald House Of New York Inc's tax-exempt status?
You can verify Ronald Mcdonald House Of New York Inc's tax-exempt status using EIN 132933654 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Ronald McDonald House of New York Inc. demonstrates a consistent commitment to its mission, as evidenced by its NTEE code E860 (Residential Care & Housing Facilities). The organization has maintained substantial assets, with the latest reported at $125,572,623, indicating a strong financial foundation. While revenue has fluctuated, with a notable peak of $38,453,633 in 2014 and a more recent $13,848,677 in 2023, expenses have generally been managed within a reasonable range relative to its operational scale. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a focus on directing funds towards programmatic activities rather than executive salaries. This practice is a significant positive indicator of financial health and ethical governance.
However, a closer look at the 2023 filing shows expenses ($24,446,631) significantly exceeding revenue ($13,848,677), resulting in a deficit of over $10 million for that period. This trend of expenses exceeding revenue is also observed in several other recent years (e.g., 2022, 2021, 2020, 2019, 2018). While the organization's substantial assets can absorb these deficits in the short term, a sustained pattern could impact long-term financial stability. The organization's ability to manage these deficits, potentially through drawing on reserves or future fundraising efforts, will be crucial for its continued financial health. The consistent 0% officer compensation is a strong positive for transparency and efficiency.