Ronald Mcdonald House Charities Inc is located in Altoona, PA. The organization was established in 2007. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ronald Mcdonald House Charities Inc generated $80.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $149.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT RONALD MCDONALD HOUSES AND MAKE GRANTS TO LOCAL CHARITIES FOR THE BENEFIT OF CHILDREN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darin Tornatore President | 3 | $0 | |
Ginger Jakubowski Vice President | 3 | $0 | |
Marty Stern Secretary | 3 | $0 | |
Cindy Cessna Treasurer | 3 | $0 | |
Timmy Cassidy Board Member | 1 | $0 | |
Julie Coyle Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,190 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,685 |
| Other Revenue | $0 |
| Total Revenue | $80,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,174 |
| Total expenses | $149,706 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,703 |
| Other assets | $0 |
| Total assets | $29,229 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,229 |