Ascension Seton Hays Foundation

Analysis

Ascension Seton Hays Foundation 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. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ascension Seton Hays Foundation reported income of $1.8m and spending of $769k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $957k to $1.8m (+91%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 165%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ascension Seton Hays Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Medical Ministry International US ($1.8m), Jervis Public Library Association ($1.8m) and Osterhout Free Library ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $4.4m against liabilities of $316k, net assets of $4.1m.