Ascension Living Via Christi Village Ridge

Analysis

Ascension Living Via Christi Village Ridge 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 human services, which this site groups under poverty relief. 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 Living Via Christi Village Ridge reported income of $13.8m and spending of $15.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.7m to $13.8m (+8.5%), an average of +2.1% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ascension Living Via Christi Village Ridge 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 96th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Center for Human Development Inc ($13.8m), The Childrens Center ($13.8m) and Hillview Retirement Center ($13.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Other salaries and wages came to $5.6m. At year end it held assets of $17.0m against liabilities of $15.3m, net assets of $1.7m. It reported 246 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.