Ascension Living Franciscan Place

Analysis

Ascension Living Franciscan 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. 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 Living Franciscan Place reported income of $21.0m and spending of $22.9m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $28.2m to $21.0m (-26%), an average of -7.1% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Living Franciscan Place sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Atlanticare Health System Inc ($21.0m), Exceptional Family Resources Inc ($21.0m) and Avalon Medical Development Corporation ($21.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $16.3m against liabilities of $25.8m, net assets of -$9.5m. It reported 77 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.