Ronald Mcdonald House Of New York Inc
Ronald McDonald House of New York Inc. consistently reports 0% officer compensation but has faced recent operating deficits.
EIN: 132933654 · New York, NY · NTEE: E860 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34.0M |
| Total Expenses | $24.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $125 |
| Net Assets | $114.7M |
| Transparency Score | 90/100 |
Is Ronald Mcdonald House Of New York 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 Of New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ronald Mcdonald House Of New York Inc
Ronald Mcdonald House Of New York Inc (EIN: 132933654) is a nonprofit organization based in New York, NY, classified under NTEE code E860. The organization reported total revenue of $34.0M and total assets of $125.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ronald Mcdonald House Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ronald Mcdonald House Of New York Inc is a large nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.8M |
| Total Expenses | $24.4M |
| Surplus / Deficit | $-10,597,954 |
| Total Assets | $126.3M |
| Total Liabilities | $11.6M |
| Net Assets | $114.7M |
| Operating Margin | -76.5% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 62.0 months |
Financial Health Grade: B
In 2023, Ronald Mcdonald House Of New York Inc reported a deficit of $10.6M with expenses exceeding revenue, holds 62.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ronald Mcdonald House Of New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | +24.6% | -0.1% |
| 2022 | -14.8% | +12.3% | -14.7% |
| 2021 | +14.6% | +9.3% | +6.1% |
| 2020 | -21.3% | -10.3% | +5.1% |
| 2019 | +17.4% | +8.4% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Of New York 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 Of New York 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 $10.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no compensation was paid to officers, directors, or trustees. This is highly unusual for an organization of this size with assets exceeding $125 million and suggests a strong commitment to directing resources to its mission.
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 Of New York Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Ronald Mcdonald House Of New York Inc:
- 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).
Frequently Asked Questions about Ronald Mcdonald House Of New York Inc
Is Ronald Mcdonald House Of New York Inc a legitimate charity?
Ronald Mcdonald House Of New York Inc (EIN: 132933654) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $34.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ronald Mcdonald House Of New York Inc spend its money?
Ronald Mcdonald House Of New York Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ronald Mcdonald House Of New York Inc tax-deductible?
Ronald Mcdonald House Of New York Inc is registered as a tax-exempt nonprofit (EIN: 132933654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ronald Mcdonald House Of New York Inc CEO make?
Ronald Mcdonald House Of New York Inc's highest-compensated officer earns $125 annually. The organization reported $34.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ronald Mcdonald House Of New York Inc's spending goes to programs?
Ronald Mcdonald House Of New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ronald Mcdonald House Of New York Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ronald Mcdonald House Of New York Inc is above average for NTEE category E860 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ronald Mcdonald House Of New York Inc located?
Ronald Mcdonald House Of New York Inc is headquartered in New York, New York and files with the IRS under EIN 132933654. It is classified under NTEE code E860.
How many years of IRS 990 filings does Ronald Mcdonald House Of New York Inc have?
Ronald Mcdonald House Of New York 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 $34.0M in total revenue.
Is Ronald McDonald House of New York Inc. financially stable despite recent deficits?
While the organization has reported expenses exceeding revenue in several recent years, including a $10.5 million deficit in 2023, its substantial assets of $125,572,623 provide a significant buffer. Long-term stability will depend on addressing these recurring deficits.
How does the 0% officer compensation impact the organization's efficiency?
The consistent 0% officer compensation is a strong indicator of high spending efficiency, as it means a greater proportion of funds can be allocated directly to program services rather than administrative salaries.
What caused the significant revenue fluctuation, such as the drop from $38.4M in 2014 to $13.8M in 2023?
The provided data does not specify the exact causes of revenue fluctuations. These could be due to varying fundraising success, changes in grant funding, or one-time large donations in specific years. Further investigation into their revenue streams would be needed.
Filing History
IRS 990 filing history for Ronald Mcdonald House Of New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ronald Mcdonald House Of New York Inc's revenue has grown by 5.1%, moving from $13.2M to $13.8M. Total assets increased by 83.1% over the same period, from $69.0M to $126.3M. Total functional expenses rose by 110.9%, from $11.6M to $24.4M. In its most recent filing year (2023), Ronald Mcdonald House Of New York Inc reported a deficit of $10.6M, with expenses exceeding revenue. The organization holds $11.6M in liabilities against $126.3M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $114.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.8M | $24.4M | $126.3M | $11.6M | — | View 990 |
| 2022 | $13.5M | $19.6M | $126.4M | $11.5M | — | View 990 |
| 2021 | $15.8M | $17.5M | $148.3M | $11.7M | — | View 990 |
| 2020 | $13.8M | $16.0M | $139.8M | $13.3M | — | View 990 |
| 2019 | $17.5M | $17.8M | $132.9M | $11.9M | — | View 990 |
| 2018 | $14.9M | $16.4M | $127.8M | $16.4M | — | View 990 |
| 2017 | $16.9M | $15.6M | $136.2M | $18.6M | — | View 990 |
| 2016 | $14.3M | $14.5M | $114.0M | $6.2M | — | View 990 |
| 2015 | $24.2M | $15.8M | $110.8M | $6.1M | — | View 990 |
| 2014 | $38.5M | $14.7M | $106.2M | $6.5M | — | View 990 |
| 2013 | $18.0M | $13.4M | $83.5M | $8.1M | — | View 990 |
| 2012 | $15.0M | $12.2M | $73.9M | $7.9M | — | View 990 |
| 2011 | $13.2M | $11.6M | $69.0M | $8.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.8M, expenses of $24.4M, and assets of $126.3M (revenue +2.9% year-over-year).
- 2022: Revenue of $13.5M, expenses of $19.6M, and assets of $126.4M (revenue -14.8% year-over-year).
- 2021: Revenue of $15.8M, expenses of $17.5M, and assets of $148.3M (revenue +14.6% year-over-year).
- 2020: Revenue of $13.8M, expenses of $16.0M, and assets of $139.8M (revenue -21.3% year-over-year).
- 2019: Revenue of $17.5M, expenses of $17.8M, and assets of $132.9M (revenue +17.4% year-over-year).
- 2018: Revenue of $14.9M, expenses of $16.4M, and assets of $127.8M (revenue -11.4% year-over-year).
- 2017: Revenue of $16.9M, expenses of $15.6M, and assets of $136.2M (revenue +17.6% year-over-year).
- 2016: Revenue of $14.3M, expenses of $14.5M, and assets of $114.0M (revenue -40.8% year-over-year).
- 2015: Revenue of $24.2M, expenses of $15.8M, and assets of $110.8M (revenue -37.0% year-over-year).
- 2014: Revenue of $38.5M, expenses of $14.7M, and assets of $106.2M (revenue +114.1% year-over-year).
- 2013: Revenue of $18.0M, expenses of $13.4M, and assets of $83.5M (revenue +19.7% year-over-year).
- 2012: Revenue of $15.0M, expenses of $12.2M, and assets of $73.9M (revenue +13.9% year-over-year).
- 2011: Revenue of $13.2M, expenses of $11.6M, and assets of $69.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ronald Mcdonald House Of New York Inc:
Data Sources and Methodology
This transparency report for Ronald Mcdonald House Of New York 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.