Ascentria Care Alliance Inc

Analysis

Ascentria Care Alliance Inc is a registered charity in United States, based in Southbury, CT. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 $16.9m and spending of $18.5m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.4m to $16.9m (+18%), an average of +4.2% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascentria Care Alliance Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Lower Eastside Service Center Inc ($16.9m), White County Physician Group ($16.9m) and American Society for Gastrointestinal Endoscopy ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Other salaries and wages came to $8.9m. At year end it held assets of $40.1m against liabilities of $34.6m, net assets of $5.5m. It reported 305 employees.