Ascension Living Via Christi Village McLean

Analysis

Ascension Living Via Christi Village McLean 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. 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 Living Via Christi Village McLean reported income of $7.6m and spending of $7.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $7.6m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ascension Living Via Christi Village McLean sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Association of Maternal and Child Health Programs ($7.6m), Society of Toxicology ($7.6m) and The Medical Center at Ocean Reef Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $8.4m against liabilities of $9.4m, net assets of -$1.0m. It reported 107 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.