Ronald Mcdonald House Charities Inc

Organization Overview

Ronald Mcdonald House Charities Inc is located in Youngstown, OH. 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 12/2020, Ronald Mcdonald House Charities Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $5.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Ronald Mcdonald House Charities Inc has awarded 44 individual grants totaling $10,612,033. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP YOUTH IN THE MAHONING VALLEY AND WESTERN PENNSYLVANIA BY ASSISTING WITH FUNDING TO HEALTH AND EDUCATIONAL PROGRAMS THAT POSITIVELY IMPACT YOUTH UP TO THE AGE OF 21 YEARS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RMHC IS A LOCAL CHAPTER OF THE RONALD MCDONALD HOUSE, AN ORGANIZATION WHICH BENEFITS CHILDREN. RMHC COLLECTS MONEY FROM THE GENERAL PUBLIC. 25% OF THE TOTAL AMOUNT COLLECTED IS REMITTED TO THE NATIONAL RONALD MCDONALD HOUSE. THE AMOUNT RETAINED BY THE LOCAL CHAPTER IS DISTRIBUTED AMONG LOCAL 501(C)(3) ORGANIZATIONS.


RMHC IS A LOCAL CHAPTER OF THE RONALD MCDONALD HOUSE, AN ORGANIZATION WHICH BENEFITS CHILDREN. RMHC COLLECTS MONEY FROM THE GENERAL PUBLIC. 25% OF THE TOTAL AMOUNT COLLECTED IS REMITTED TO THE NATIONAL RONALD MCDONALD HOUSE. THE AMOUNT RETAINED BY THE LOCAL CHAPTER IS DISTRIBUTED AMONG LOCAL 501(C)(3) ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Herb Washington
President
$0
Tom Micco
Treasurer
$0
Barbara Hirst
Director
$0
Susan Moorer
Director
$0
Guy Burney
Director
$0
Dave Coy
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $10,064
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,728,134
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,738,198

Grants Awarded

Over the last fiscal year, Ronald Mcdonald House Charities Inc has awarded $9,920,752 in support to 32 organizations.

Grant RecipientAmount

RONALD MCDONALD HOUSE CHARITIES

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL SUPPORT

$4,053,872

RONALD MCDONALD HOUSE CHARITIES

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL SUPPORT

$4,053,872

UNITED WAY OF YOUNGSTOWN AND MAHONING VALLEY

Org PageRecipient Profile

Youngstown, OH

PURPOSE: GENERAL SUPPORT

$250,000

AKRON CHILDREN'S HOSPITAL

Org PageRecipient Profile

Akron, OH

PURPOSE: GENERAL SUPPORT

$250,000

AKRON CHILDREN'S HOSPITAL

Org PageRecipient Profile

Akron, OH

PURPOSE: GENERAL SUPPORT

$250,000

UNITED WAY OF YOUNGSTOWN AND MAHONING VALLEY

Org PageRecipient Profile

Youngstown, OH

PURPOSE: GENERAL SUPPORT

$250,000
View Grant Profile

Endowment Analysis

Beg. Balance$4,770,052
Other Expense$4,770,052

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