Ascension Medical Group-Fox Valley Wisconsin Inc

Analysis

Ascension Medical Group-Fox Valley Wisconsin Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1999, 27 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 Medical Group-Fox Valley Wisconsin Inc reported income of $113.8m and spending of $162.2m, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $124.4m to $113.8m (-8.5%), an average of -2.2% a year. Over the whole period it spent 140% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Medical Group-Fox Valley Wisconsin Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include New Vista Communities Inc ($113.7m), Day Kimball Healthcare Inc ($113.8m) and Independent Support Services Inc ($113.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $150k (0.1% of expenses). Other salaries and wages came to $83.5m. At year end it held assets of $46.3m against liabilities of $32.3m, net assets of $14.1m. It reported 936 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.