Ascension Living Bethlehem Woods Village

Analysis

Ascension Living Bethlehem Woods Village is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ascension Living Bethlehem Woods Village reported income of $68.1m and spending of $72.1m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $89.9m to $68.1m (-24%), an average of -6.7% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Living Bethlehem Woods Village sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Hebrew Home of Greater Washington Inc ($68.0m), Metropolitan Jewish Health System Inc ($68.1m) and Saint Agnes Medical Foundation ($68.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $383k (0.5% of expenses). Other salaries and wages came to $24.5m. At year end it held assets of $48.8m against liabilities of $8.0m, net assets of $40.8m. It reported 747 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.