Ascension Via Christi Hospital Manhattan Inc

Analysis

Ascension Via Christi Hospital Manhattan Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ascension Via Christi Hospital Manhattan Inc reported income of $102.7m and spending of $96.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $96.8m to $102.7m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Via Christi Hospital Manhattan Inc sits at the 95th percentile: it is larger than about 95% 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 Southeast Florida Behavioral Health Network Inc ($102.6m), Beaver Dam Community Hospitals Inc ($102.8m) and Commonwealth Foundation for Cancer Research Foundation ($102.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $670k (0.7% of expenses). Other salaries and wages came to $30.5m. At year end it held assets of $64.0m against liabilities of $27.5m, net assets of $36.4m. It reported 782 employees.