Ascension Living Alexian Village Milwaukee

Analysis

Ascension Living Alexian Village Milwaukee 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 human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ascension Living Alexian Village Milwaukee reported income of $15.2m and spending of $33.6m, spending 221% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $23.1m to $15.2m (-34%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 134% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ascension Living Alexian Village Milwaukee 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 96th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Family Service Agency of Santa Barbara County ($15.2m), Southwestern Wisconsin Community Action Program Inc ($15.2m) and Child Development and Family Council of Centre County ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $198k (0.6% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $19.8m against liabilities of $16.3m, net assets of $3.4m. It reported 232 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.