Ascension Care Management Insurance Holdings

Analysis

Ascension Care Management Insurance Holdings is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ascension Care Management Insurance Holdings reported income of $48.9m and spending of $6.2m, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.1m to $48.9m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 106%. Over the whole period it spent 22% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Care Management Insurance Holdings sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Evercare Choice Inc ($48.9m), McLaren Thumb Region ($49.0m) and Yakima Neighborhood Health Services ($48.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 14% of the total. At year end it held assets of $339.7m against liabilities of $7.5m, net assets of $332.2m. It reported 130 employees.