Ronald Mcdonald House Charities New York Metro Inc
Ronald McDonald House Charities New York Metro Inc. reports significant revenue growth and zero officer compensation in 2023, bolstering its financial health.
EIN: 112764747 · New Hyde Park, NY · Updated: 2026-03-28
Is Ronald Mcdonald House Charities New York Metro Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ronald Mcdonald House Charities New York Metro Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ronald Mcdonald House Charities New York Metro Inc
Ronald Mcdonald House Charities New York Metro Inc (EIN: 112764747) is a nonprofit organization based in New Hyde Park, NY. The organization reported total revenue of $11.9M and total assets of $39.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ronald Mcdonald House Charities New York Metro Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ronald Mcdonald House Charities New York Metro 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 New York Metro 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with assets of $35 million and revenue of over $15 million.
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.
Red Flags
The following concerns were identified during AI analysis of Ronald Mcdonald House Charities New York Metro Inc's IRS 990 filings:
- Unusually low reported expenses relative to revenue in 2023 ($6.1M expenses vs $15.2M revenue), which could indicate significant non-cash contributions or restricted funds not fully expended, or a very high program efficiency that warrants further investigation into specific program costs.
- Consistent 0% officer compensation for an organization of this size and asset base is highly unusual and might suggest that executive salaries are covered by an affiliated entity or through other means not reported on the 990, or that leadership roles are entirely volunteer-based, which is rare for a large nonprofit.
Strengths
The following positive indicators were identified for Ronald Mcdonald House Charities New York Metro Inc:
- Strong financial growth, with assets increasing from $14 million in 2015 to over $35 million in 2023.
- Significant revenue increase in 2023 to $15,226,436, demonstrating robust fundraising capabilities.
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards programs.
- Healthy surpluses in most years, particularly in 2023, suggesting effective financial management and sustainability.
- Low liabilities relative to assets, indicating a strong balance sheet and low financial risk.
Frequently Asked Questions about Ronald Mcdonald House Charities New York Metro Inc
Is Ronald Mcdonald House Charities New York Metro Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ronald Mcdonald House Charities New York Metro Inc (EIN: 112764747) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Ronald Mcdonald House Charities New York Metro Inc spend its money?
Ronald Mcdonald House Charities New York Metro 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 New York Metro Inc tax-deductible?
Ronald Mcdonald House Charities New York Metro Inc is registered as a tax-exempt nonprofit (EIN: 112764747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ronald McDonald House Charities New York Metro Inc. financially stable?
Yes, the organization appears financially stable. Its assets have grown significantly from $14,012,360 in 2015 to $35,397,301 in 2023, and it consistently reports revenues exceeding expenses, particularly in 2023 with $15,226,436 in revenue against $6,162,650 in expenses.
How efficient is Ronald McDonald House Charities New York Metro Inc. with its spending?
The organization appears highly efficient. With 0% officer compensation reported across all filings and significant surpluses, a large portion of its expenses are likely directed towards program services. For example, in 2023, expenses were $6,162,650 against $15,226,436 in revenue, suggesting a strong focus on mission-related spending.
Does Ronald McDonald House Charities New York Metro Inc. compensate its executives?
No, according to all available IRS 990 filings, Ronald McDonald House Charities New York Metro Inc. reported 0% officer compensation, meaning no officers received salaries from the organization.
Has the organization's revenue been consistent?
The organization's revenue has fluctuated but shows a strong upward trend, particularly in recent years. While there were dips (e.g., $4,251,276 in 2020), revenue surged to $15,226,436 in 2023 from $6,233,521 in 2022, indicating significant growth.
What is the trend in the organization's assets?
The organization's assets have shown a consistent and substantial upward trend, growing from $14,012,360 in 2015 to $35,397,301 in 2023, indicating strong financial growth and accumulation of resources.
Filing History
IRS 990 filing history for Ronald Mcdonald House Charities New York Metro Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ronald Mcdonald House Charities New York Metro Inc's revenue has grown by 629.4%, moving from $2.1M to $15.2M. Total assets increased by 268% over the same period, from $9.6M to $35.4M. Total functional expenses rose by 172.9%, from $2.3M to $6.2M. In its most recent filing year (2023), Ronald Mcdonald House Charities New York Metro Inc reported a surplus of $9.1M, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $35.4M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $34.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $15.2M | $6.2M | $35.4M | $1.3M | — | — |
| 2022 | $6.2M | $5.8M | $25.8M | $1.2M | — | View 990 |
| 2021 | $9.0M | $5.0M | $27.2M | $1.1M | — | View 990 |
| 2020 | $4.3M | $4.8M | $22.4M | $740K | — | — |
| 2019 | $8.2M | $6.3M | $22.5M | $895K | — | View 990 |
| 2018 | $4.4M | $4.1M | $14.6M | $176K | — | View 990 |
| 2017 | $3.8M | $3.5M | $15.2M | $172K | — | View 990 |
| 2016 | $3.4M | $3.3M | $14.3M | $61K | — | View 990 |
| 2015 | $3.0M | $3.0M | $14.0M | $92K | — | View 990 |
| 2014 | $5.7M | $3.3M | $14.4M | $81K | — | View 990 |
| 2013 | $4.3M | $2.6M | $12.1M | $82K | — | View 990 |
| 2012 | $2.6M | $2.3M | $9.9M | $77K | — | View 990 |
| 2011 | $2.1M | $2.3M | $9.6M | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.2M, expenses of $6.2M, and assets of $35.4M (revenue +144.3% year-over-year).
- 2022: Revenue of $6.2M, expenses of $5.8M, and assets of $25.8M (revenue -30.4% year-over-year).
- 2021: Revenue of $9.0M, expenses of $5.0M, and assets of $27.2M (revenue +110.6% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.8M, and assets of $22.4M (revenue -47.9% year-over-year).
- 2019: Revenue of $8.2M, expenses of $6.3M, and assets of $22.5M (revenue +84.5% year-over-year).
- 2018: Revenue of $4.4M, expenses of $4.1M, and assets of $14.6M (revenue +15.9% year-over-year).
- 2017: Revenue of $3.8M, expenses of $3.5M, and assets of $15.2M (revenue +13.3% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.3M, and assets of $14.3M (revenue +12.1% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.0M, and assets of $14.0M (revenue -47.4% year-over-year).
- 2014: Revenue of $5.7M, expenses of $3.3M, and assets of $14.4M (revenue +32.7% year-over-year).
- 2013: Revenue of $4.3M, expenses of $2.6M, and assets of $12.1M (revenue +63.3% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.3M, and assets of $9.9M (revenue +26.3% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.3M, and assets of $9.6M.
Data Sources and Methodology
This transparency report for Ronald Mcdonald House Charities New York Metro 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.