Ascension Seton Foundation

Analysis

Ascension Seton Foundation 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 Seton Foundation reported income of $8.2m and spending of $9.8m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.1m to $8.2m (-46%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ascension Seton Foundation 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 Consumers Research Inc ($8.2m), Central Yeshiva Tomchei Timimim Lubavitz of the U S a ($8.2m) and Nome Community Center Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $116.0m against liabilities of $2.6m, net assets of $113.4m.