Ascension Living St Francis Place

Analysis

Ascension Living St Francis Place 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 Living St Francis Place reported income of $15.1m and spending of $17.9m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.1m to $15.1m (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ascension Living St Francis Place sits at the 97th percentile: it is larger than about 97% 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 Jewish Vocational & Career Counseling Service ($15.1m), Hispanics in Philanthropy ($15.1m) and Able2 Enhancing Potential Inc ($15.1m).

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. Other salaries and wages came to $5.3m. At year end it held assets of $6.9m against liabilities of $2.7m, net assets of $4.2m. It reported 253 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.