Ronald McDonald House Charities Inc

EIN: 362934689 501(c)(3) Health Care

Chicago, IL

Total Revenue
$143,967,699
Total Expenses
$116,326,959
Total Assets
$303,246,729
Net Assets
$287,858,937
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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
IL
Phone
6306237048
Tax Period
2024-01-01 to 2024-12-31

Ronald McDonald House Charities Inc, founded in 1977, is a major nonprofit in the Health Care sector that reported $144.0M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $27.6M, a strong 19% operating margin.

Mission

At RMHC, we provide essential services that remove barriers, strengthen families and promote healing when children need healthcare.

Program Service Accomplishments

Program 1
Expenses: $100,019,150 Revenue: $308,576

Support of RMHC Local Chapters worldwide: Ronald McDonald House Charities is a system of independent, separately registered public benefit organizations, referred to as "Chapters" by RMHC. RMHC...

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Support of RMHC Local Chapters worldwide: Ronald McDonald House Charities is a system of independent, separately registered public benefit organizations, referred to as "Chapters" by RMHC. RMHC ensures delivery of the mission across the globe. As a center of excellence, RMHC builds and sustains a robust infrastructure of support to the network of Chapters, including operations, licensing and compliance, finance, risk management, communications, marketing and development. Following are the activities conducted by RMHC to support the Chapters: (1) Ronald McDonald House: RMHC provided grants totaling $3,850,000 for new and expanding Ronald McDonald House programs. The Ronald McDonald House program provides comfort, support and resources for families with children who are sick. (2) Ronald McDonald Family Room: RMHC provided grants totaling $2,550,000 for new Ronald McDonald Family Room programs, which offer a quiet place within the walls of the hospital. Ronald McDonald Family Room programs provide families with children in the hospital with a place to rest and recharge while remaining near their child's bedside. (3) Ronald McDonald Care Mobile: RMHC developed and funded the capital build for all new Ronald McDonald Care Mobile programs with support totaling $645,607. Ronald McDonald Care Mobile programs bring dental, medical and health care resources to underserved communities around the world. (4) RMHC Local Chapter Support and Grants totaling $71,232,186. RMHC provides expertise in all aspects of the three core program operations, other program development, and nonprofit management for its Chapters worldwide. Support also includes general program support grants. RMHC is committed to strengthening the global system of Chapters, by providing such grants and programmatic support to help each Chapter achieve a high level of excellence in management and operations, and to help them effectively and efficiently fulfill their mission. Activities include, among others: resource development; sharing best practices to improve all aspects of RMHC; strategic planning; technology upgrades; ongoing training and education of board, staff, and volunteers to encourage excellence in delivering programs, fundraising and administrative practices; investment in environmental sustainability activities such as energy audits, water and waste efficiency projects at Ronald McDonald House programs; facilitation of networking opportunities; and developing local fundraising capabilities to grow resources and meet new and expanding program needs.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $143,480,833
Program Service Revenue $308,576
Investment Income $2,947,608
Other Revenue $-2,769,318
TOTAL REVENUE $143,967,699

Expense Breakdown

Grants Paid $78,277,792
Salaries & Benefits $0
Fundraising Expenses $8,366,666
Program Expenses $100,019,150
Other Expenses $37,330,944
TOTAL EXPENSES $116,326,959

Year-over-Year Comparison

2024 2023 Change
Revenue $143,967,699 $106,340,085 +0.4%
Expenses $116,326,959 $89,266,349 +0.3%
Net Income $27,640,740 $17,073,736 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
125

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eduardo Sanchez Trustee, Treasurer 1.0
Officer Director
$0 $0 $0
Ginger Hardage Trustee, Chairman 1.0
Officer Director
$0 $0 $0
Alex Dimitrief Trustee 1.0
Director
$0 $0 $0
Chris Kempczinski Trustee 1.0
Director
$0 $0 $0
David C Herman MD Trustee 1.0
Director
$0 $0 $0
Enrique Hernandez Jr Trustee (until 3/24) 1.0
Director
$0 $0 $0
Grace Fung Oei Trustee 1.0
Director
$0 $0 $0
J Christopher Reyes Trustee 1.0
Director
$0 $0 $0
James D Watkins Trustee 1.0
Director
$0 $0 $0
Jan Fields Trustee 1.0
Director
$0 $0 $0
Jeffrey Davis Trustee 1.0
Director
$0 $0 $0
Jennifer Mann Trustee 1.0
Director
$0 $0 $0
Jon Banner Trustee 1.0
Director
$0 $0 $0
Laura Schumacher Trustee 1.0
Director
$0 $0 $0
Mats Lederhausen Trustee 1.0
Director
$0 $0 $0
Michael Thompson Trustee 1.0
Director
$0 $0 $0
Michelle Stephenson Trustee 1.0
Director
$0 $0 $0
Nicole Harper Rawlins Trustee 1.0
Director
$0 $0 $0
Stuart E Siegel MD Trustee 1.0
Director
$0 $0 $0
Theodore Perlman Trustee 1.0
Director
$0 $0 $0
Walter A Orenstein MD Trustee 1.0
Director
$0 $0 $0
Wayne Stingley Trustee 1.0
Director
$0 $0 $0
Wendy Davidson Trustee 1.0
Director
$0 $0 $0
Angela Steele Secretary 4.0
Officer
$0 $0 $0
Joanna Sabato Chief Marketing Officer 40.0
Officer
$0 $0 $0
Katie Fitzgerald President & CEO 40.0
Officer
$0 $0 $0
Rodney Jordan Chief Operating Officer 40.0
Officer
$0 $0 $0
Shannon Duval Chief Development Officer 40.0
Officer
$0 $0 $0
Stacey Bifero Chief Financial Officer 40.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $143,967,699 $116,326,959 $303,246,729 $27,640,740
2023 $106,340,085 $89,266,349 $254,165,091 $17,073,736
2022 $79,576,161 $67,019,966 $212,337,428 $12,556,195
2021 $90,370,860 $70,063,696 $229,404,695 $20,307,164
2020 $73,879,358 $53,152,918 $194,964,264 $20,726,440
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