Ronald Mcdonald House Charities Inc
Ronald McDonald House Charities Inc maintains stable finances with strong assets and no reported officer compensation.
EIN: 10448263 · Portland, ME · NTEE: E86Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| Net Assets | $8.9M |
| Transparency Score | 90/100 |
Is Ronald Mcdonald House Charities Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ronald Mcdonald House Charities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ronald Mcdonald House Charities Inc
Ronald Mcdonald House Charities Inc (EIN: 10448263) is a nonprofit organization based in Portland, ME, classified under NTEE code E86Z. The organization reported total revenue of $1.7M and total assets of $9.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ronald Mcdonald House Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ronald Mcdonald House Charities Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-118,737 |
| Total Assets | $9.0M |
| Total Liabilities | $151K |
| Net Assets | $8.9M |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 76.7 months |
Financial Health Grade: B
In 2023, Ronald Mcdonald House Charities Inc reported a deficit of $119K with expenses exceeding revenue, holds 76.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ronald Mcdonald House Charities Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +9.6% | +4.2% |
| 2022 | -5.4% | +2.3% | -8.9% |
| 2021 | -18.0% | +10.4% | +3.0% |
| 2020 | -48.7% | -12.4% | +6.7% |
| 2019 | +186.2% | +3.5% | +39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ronald Mcdonald House Charities Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ronald Mcdonald House Charities Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $119K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Ronald Mcdonald House Charities Inc:
- Consistent financial stability with strong asset base (e.g., $9,029,890 in assets vs. $1,412,484 in expenses in 2023).
- No reported officer compensation across all available filings, indicating efficient use of funds.
- Low liabilities relative to assets, suggesting sound financial management.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Strong program focus, as implied by the NTEE code E86Z (Supportive Housing & Shelter).
Frequently Asked Questions about Ronald Mcdonald House Charities Inc
Is Ronald Mcdonald House Charities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ronald Mcdonald House Charities Inc (EIN: 10448263) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Ronald Mcdonald House Charities Inc spend its money?
Ronald Mcdonald House Charities Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ronald Mcdonald House Charities Inc tax-deductible?
Ronald Mcdonald House Charities Inc is registered as a tax-exempt nonprofit (EIN: 10448263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ronald Mcdonald House Charities Inc's spending goes to programs?
Ronald Mcdonald House Charities Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ronald Mcdonald House Charities Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ronald Mcdonald House Charities Inc is above average for NTEE category E86Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ronald Mcdonald House Charities Inc located?
Ronald Mcdonald House Charities Inc is headquartered in Portland, Maine and files with the IRS under EIN 10448263. It is classified under NTEE code E86Z.
How many years of IRS 990 filings does Ronald Mcdonald House Charities Inc have?
Ronald Mcdonald House Charities Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Is Ronald McDonald House Charities Inc a good charity?
Based on the available IRS 990 data, Ronald McDonald House Charities Inc appears to be a well-managed charity with strong financial health, consistent program focus, and no reported officer compensation, which are all positive indicators.
How has the organization's revenue trended over the past few years?
Revenue has fluctuated, with a peak of $3,302,307 in 2019, but has generally been in the range of $1.1 million to $1.7 million in recent years, with the latest reported revenue at $1,293,747 in 2023.
What is the organization's asset-to-expense ratio?
For the latest period (2023), the asset-to-expense ratio is approximately 6.4:1 ($9,029,890 assets / $1,412,484 expenses), indicating a strong financial reserve.
Does the organization have significant liabilities?
Liabilities have been relatively low compared to assets, with the highest reported at $340,042 in 2019, and $151,276 in 2023, suggesting good financial management and minimal debt burden.
Filing History
IRS 990 filing history for Ronald Mcdonald House Charities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ronald Mcdonald House Charities Inc's revenue has grown by 471.8%, moving from $226K to $1.3M. Total assets increased by 8030.6% over the same period, from $111K to $9.0M. Total functional expenses rose by 581%, from $207K to $1.4M. In its most recent filing year (2023), Ronald Mcdonald House Charities Inc reported a deficit of $119K, with expenses exceeding revenue. The organization holds $151K in liabilities against $9.0M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.4M | $9.0M | $151K | — | — |
| 2022 | $1.3M | $1.3M | $8.7M | $89K | — | View 990 |
| 2021 | $1.4M | $1.3M | $9.5M | $165K | — | View 990 |
| 2020 | $1.7M | $1.1M | $9.2M | $50K | — | — |
| 2019 | $3.3M | $1.3M | $8.7M | $340K | — | View 990 |
| 2018 | $1.2M | $1.3M | $6.2M | $64K | — | View 990 |
| 2017 | $1.1M | $1.1M | $6.7M | $79K | — | View 990 |
| 2016 | $987K | $1.0M | $6.4M | $43K | — | View 990 |
| 2015 | $857K | $844K | $6.3M | $0 | — | View 990 |
| 2014 | $283K | $275K | $73K | $0 | — | View 990 |
| 2013 | $254K | $242K | $64K | $0 | — | View 990 |
| 2012 | $218K | $277K | $52K | $0 | — | View 990 |
| 2011 | $226K | $207K | $111K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.4M, and assets of $9.0M (revenue -1.5% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $8.7M (revenue -5.4% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $9.5M (revenue -18.0% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.1M, and assets of $9.2M (revenue -48.7% year-over-year).
- 2019: Revenue of $3.3M, expenses of $1.3M, and assets of $8.7M (revenue +186.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $6.2M (revenue +2.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $6.7M (revenue +14.1% year-over-year).
- 2016: Revenue of $987K, expenses of $1.0M, and assets of $6.4M (revenue +15.2% year-over-year).
- 2015: Revenue of $857K, expenses of $844K, and assets of $6.3M (revenue +202.3% year-over-year).
- 2014: Revenue of $283K, expenses of $275K, and assets of $73K (revenue +11.7% year-over-year).
- 2013: Revenue of $254K, expenses of $242K, and assets of $64K (revenue +16.5% year-over-year).
- 2012: Revenue of $218K, expenses of $277K, and assets of $52K (revenue -3.7% year-over-year).
- 2011: Revenue of $226K, expenses of $207K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ronald Mcdonald House Charities Inc:
Data Sources and Methodology
This transparency report for Ronald Mcdonald House Charities Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.