RONALD MCDONALD HOUSE CHARITIES OF THE SOUTHWEST INC
Mission Statement
Ronald McDonald House Charities of the Southwest is keeping families close during their child’s serious illness or injury. We provide families with the stability and resources needed, so they can help their children become happy and healthy. We are the warm shelter in the storm. We are here to help, whether their problems involve staying nearby to support a hospitalized child, affording to stay together in an unfamiliar city while a child is undergoing treatment, or even to receiving basic medical care in a vulnerable or rural community. Through our Ronald McDonald House and Ronald McDonald Family Rooms programs, we assist families in coping with the uncertainty, confusion, and fear of having a sick child. We also serve others through our RMHC Grants and Scholarships.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.9% | 84.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.3% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
19.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
537.6% | 125.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
38.7 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.8% | 14.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.4% | 91.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-24.2% | 5.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.3% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-37.2% | 1.3% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Shelter, food, and support during child's hospital stay. | 2,500 | $100.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.4M | $1.9M | $6.2M | 71.9% | 43 |
| 2022 | $1.8M | $1.7M | $6.2M | 71.2% | 34 |
| 2021 | $2.0M | $1.5M | N/A | — | 32 |
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