Ascensa Health Inc

Analysis

Ascensa Health Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1965, 61 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ascensa Health Inc reported income of $6.8m and spending of $7.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.0m to $6.8m (-15%), an average of -4.1% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ascensa Health Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Columbia River Health ($6.7m), St James Infirmary ($6.8m) and Alaska Primary Care Association ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $406k (5.6% of expenses). Other salaries and wages came to $3.4m. It paid $15k in professional fundraising fees. At year end it held assets of $10.9m against liabilities of $236k, net assets of $10.7m. It reported 176 employees.