Ronald Mcdonald House Charities Of Charleston South Carolina Inc
- Assets
- $21.3m
- Revenue
- $12.9m
- Investments
- $2.9m
- Employees
- 32
- Location
- Charleston, SC
- Founding
- 03/1982
- Data as of
- 12/2023
- EIN
- 57-0724845
Organization Overview
Ronald Mcdonald House Charities Of Charleston South Carolina Inc is located in Charleston, SC. The organization was established in 1982. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Ronald Mcdonald House Charities Of Charleston South Carolina Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of Charleston South Carolina 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 Of Charleston South Carolina Inc generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 5.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF RONALD MCDONALD HOUSE CHARITIES OF CHARLESTON (RMHC CHARLESTON) IS TO CREATE COMPASSIONATE ENVIRONMENT AND PROGRAMS THAT PROVIDE FAMILIES THE BEST CHANCE OF SUCCESS IN CARING FOR THEIR CHILD WITH COMPLEX MEDICAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE HOUSE PROGRAM SERVED 2,712 GUESTS STAYING OVER 10,293 NIGHTS WITH AN AVERAGE OF 14 NIGHT STAY PER FAMILY; 94% OF THE FAMILIES WERE FROM SC. THE TRUE VALUE OF THE RMHC CHARLESTON HOUSE PROGRAM IS HOW THE FAMILIES SUPPORT EACH OTHER DURING THEIR MOST TRYING TIMES.
IN 2023, OUR HOSPITALITY CART PROGRAM EXPANDED SERVING 50,895 PEOPLE. THIS PROGRAM SERVES FAMILIES REFRESHMENTS BEDSIDE AND IN WAITING ROOMS AT MUSC SJ'S CHILDREN HOSPITAL AND THE SUMMEY MEDICAL PAVILION.
BABYBLOOMS: THE BIRTH OF A BABY BORN PREMATURELY THRUSTS EACH FAMILY INTO AN ARENA OF MULTIPLE UNCERTAINTIES AND A WIDE RANGE OF EMOTIONS SUCH AS: FEAR OF DEATH, SADNESS, GUILT, DISAPPOINTMENT, FATIGUE, ANXIETY, JOY, AND SURPRISE. MANY FAMILIES ALSO ENCOUNTER EMOTIONAL, PHYSICAL, AND FINANCIAL CONCERNS AS A RESULT OF, THEIR CHILD'S HOSPITALIZATION. RMHC CHARLESTON DEVELOPED BABY BLOOMS TO OFFER APPROPRIATE SUPPORT AND RESOURCES DESIGNED TO STRENGTHEN AND ASSIST FAMILIES AS THEY JOURNEY FROM THE HOSPITAL TO HOME. THROUGH WEEKLY LEARNING AND ACTIVITY SESSIONS, BABY BLOOMS SEEKS TO ENHANCE THE PARENTING EXPERIENCE USING EVIDENCED BASED PRACTICES, WHILE CREATING AN OPPORTUNITY TO ENRICH BONDING, INFANT CARE, AND DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Piper R Byzet JD Member | Trustee | 2 | $0 |
Robert Crews Member | Trustee | 2 | $0 |
Allie Darby Member | Trustee | 2 | $0 |
Bill Good Member | Trustee | 2 | $0 |
Alluette Jones-Smalls Member | Trustee | 2 | $0 |
Jack Skolds Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $579,061 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,660,445 |
| Noncash contributions included in lines 1a–1f | $265,630 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,239,506 |
| Total Program Service Revenue | $484,637 |
| Investment income | $130,042 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $63,787 |
| Net Income from Fundraising Events | -$50,048 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,877,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $390,288 |
| Compensation of current officers, directors, key employees. | $27,649 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $526,154 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,374 |
| Payroll taxes | $67,517 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,649 |
| Fees for services: Other | $90,799 |
| Advertising and promotion | $29,530 |
| Office expenses | $22,739 |
| Information technology | $78,124 |
| Royalties | $0 |
| Occupancy | $85,669 |
| Travel | $13,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,479 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $251,008 |
| Insurance | $101,121 |
| All other expenses | $124,801 |
| Total functional expenses | $2,557,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,824,500 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,019,885 |
| Accounts receivable, net | $270,302 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $94,760 |
| Net Land, buildings, and equipment | $1,926,322 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,911,990 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,257,657 |
| Total assets | $21,305,416 |
| Accounts payable and accrued expenses | $133,288 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $133,288 |
| Net assets without donor restrictions | $4,959,965 |
| Net assets with donor restrictions | $16,212,163 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,305,416 |