Ascension Wisconsin Laboratories Inc

Analysis

Ascension Wisconsin Laboratories Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Wisconsin Laboratories Inc reported income of $13.9m and spending of $8.3m, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.4m to $13.9m (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2023, when income dropped by 51%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Wisconsin Laboratories Inc sits at the 86th percentile: it is larger than about 86% 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 Family and Community Services East Bay ($13.9m), Edgewater Systems for Balanced ($13.9m) and Northside Behavioral Health Center Inc ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 103% of the total. At year end it held assets of $2.7m against liabilities of $1.3m, net assets of $1.4m.