Ascension Homes Inc

Analysis

Ascension Homes Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1989, 37 years ago. Its declared purposes cover mental health and crisis intervention, 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 April 2023, Ascension Homes Inc reported income of $232k and spending of $204k, spending 88% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $198k to $232k (+17%), an average of +4.1% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascension Homes Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Care First Foundation Inc ($232k), Society of Metabolic Health Practitioners Inc ($232k) and Washington State Medical Association Foundation for Health ($232k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 93% and program service revenue 7.4% of the total. At year end it held assets of $712k against liabilities of $1.3m, net assets of -$619k.