Ascension Calumet Hospital Inc

Analysis

Ascension Calumet Hospital 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. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3).

In the financial year ending June 2023, Ascension Calumet Hospital Inc reported income of $33.1m and spending of $30.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $34.1m to $33.1m (-2.7%), an average of -0.7% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ascension Calumet Hospital Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Moravian Academy ($33.1m), Washington State Child Care Resource & Referral Network ($33.2m) and Federal Defenders of San Diego Inc ($33.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $195k (0.6% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $23.9m against liabilities of $10.1m, net assets of $13.8m. It reported 154 employees.