Ascension Health Texas

Analysis

Ascension Health Texas 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 Health Texas reported income of $147.9m and spending of $133.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $222.7m to $147.9m (-34%), an average of -9.7% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Health Texas 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 Ridgecrest Regional Hospital ($147.7m), Lakewood Health System ($148.0m) and Cooper University Hospital Cape Regional Inc ($147.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $84.8m against liabilities of $0, net assets of $84.8m.