Ascentria Care Alliance Inc

Analysis

Ascentria Care Alliance Inc is a registered charity in United States, based in W Brookfield, MA. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ascentria Care Alliance Inc reported income of $19.6m and spending of $19.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.4m to $19.6m (+20%), an average of +4.6% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ascentria Care Alliance Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Sal Family and Community Services ($19.6m), Putney School Inc ($19.6m) and Boston Architectural College ($19.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 96% of the total. Other salaries and wages came to $9.8m. At year end it held assets of $35.3m against liabilities of $39.3m, net assets of -$4.0m. It reported 354 employees.