Ronald Mcdonald House Charities Of Richmond Va Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,421,964 | 1,181,884 | 240,080 | 38.2 | 61% |
| 2021 | 2,133,358 | 1,411,229 | 722,129 | 39.4 | 58% |
| 2022 | 1,805,601 | 1,749,214 | 56,387 | 28.5 | 56% |
| 2023 | 2,684,391 | 2,114,311 | 570,080 | 28.7 | 56% |
In its most recent public year (2023), this organization brought in $570,080 more than it spent. Its reserves stood at about 28.7 months of spending, down from 38.2 in 2020. Staff pay was 56% of spending. $1,205,075 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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