Ronald McDonald House Charities of Charleston South Carolina meets the 20 Standards for Charity Accountability.
The Ronald McDonald House Charities of Charleston (RMHC of Charleston) offers a 32-bedroom home where families stay while their children undergo extensive medical treatment. As reported by the charity, families lead a life as normal as possible during traumatic times, without the financial burden of costly hotel, meal and travel expenses. During 2019, RMHC reports serving 929 families with an average stay of 12 nights.
For the year ended December 31, 2019, Ronald McDonald House Charities of Charleston South Carolina's program expenses were:
Ronald McDonald House |
$1,445,037 |
Ronald McDonald Family Room |
$25,920 |
Other program services |
$15,564 |
Total Program Expenses: |
$1,486,521 |
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Chief Executive
Kathleen Papadimitriou, CEO
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Compensation*
$100,767
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Chair of the Board
Ken Bate
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Chair's Profession / Business Affiliation
Former Bio Technology Executive
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Board Size
21
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Paid Staff Size
30
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 17% of related contributions. (Related contributions, which totaled $2,971,959, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Ronald McDonald House Charities of Charleston South Carolina's audited financial statements for the year ended December 31, 2019.
Source of Funds |
Contributions |
$2,266,126 |
In-kind contributions |
$386,072 |
Special events revenue, net |
$319,761 |
Third-party reimbursements |
$165,235 |
Other income |
$38,622 |
Room donations/fees |
$14,930 |
Investment loss, net |
($197,288) |
Total Income |
$2,993,458 |
- Programs: 70%
- Fundraising: 23%
- Administrative: 7%
Total Income |
$2,993,458 |
Program expenses |
$1,486,521 |
Fundraising expenses |
$508,086 |
Administrative expenses |
$154,757 |
Other expenses |
$0 |
Total expenses: |
$2,149,364 |
Income in Excess of Expenses |
$844,094 |
Beginning Net Assets |
$7,040,648 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$8,279,318 |
Total Liabilities |
$144,231 |
Total Assets |
$8,423,549 |
Note: According to RMHC of Charleston’s 2019 audited financial statements, the organization received in-kind contributions of $386,072, including meals ($140,768), family gifts ($80,507), supplies ($71,491), professional services (65,036), accommodations ($18,769), and other ($9,501).