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Ascension Via Christi Hospital St Teresa Inc

RegisteredEIN 27-1965272Saint Louis, MOHealth and saving lives
Income$55.0m2023-06
Spending$45.4msame year
Spent / received82%5-year average
Size in its cause93rd pctHealth and saving lives
Exempt since1946Church
Employees259latest return

Analysis

Ascension Via Christi Hospital St Teresa Inc 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ascension Via Christi Hospital St Teresa Inc reported income of $55.0m and spending of $45.4m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.4m to $55.0m (+43%), an average of +9.4% a year. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Via Christi Hospital St Teresa Inc sits at the 93rd percentile: it is larger than about 93% 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 Centracare Health System of Melrose ($54.9m), Lifeworks NW ($55.0m) and Usona Institute Inc ($54.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $518k (1.1% of expenses). Other salaries and wages came to $12.9m. At year end it held assets of $61.5m against liabilities of $8.2m, net assets of $53.3m. It reported 259 employees.

Income and spending

$0$13.7m$27.5m$41.2m$55.0m2019 Income: $38,424,0752019 Spending: $32,392,59520192020 Income: $43,030,8192020 Spending: $34,207,89520202021 Income: $45,688,8602021 Spending: $37,903,70620212022 Income: $51,951,5762022 Spending: $42,378,54620222023 Income: $54,978,9842023 Spending: $45,418,1762023
IncomeSpending

Where the income comes from

  • Program services 100%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Centracare Health System of MelroseMelrose$54.9m
Lifeworks NWPortland$55.0m
Usona Institute IncFitchburg$54.9m
Pekin Memorial HospitalUrbana$55.0m