Carondelet Long Term Care Facilities Inc

Analysis

Carondelet Long Term Care Facilities Inc 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 diseases, disorders and medical disciplines, 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 June 2023, Carondelet Long Term Care Facilities Inc reported income of $9.1m and spending of $11.3m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $25.4m to $9.1m (-64%), an average of -22% a year. The sharpest change came in the year to June 2021, when income dropped by 46%. Over the whole period it spent 119% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carondelet Long Term Care Facilities Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Phillips County Hospital Assn ($9.1m), St Annes Home for the Elderly Milwaukee Inc ($9.1m) and After Hours Project Inc ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $9.0m against liabilities of $1.4m, net assets of $7.6m. It reported 143 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.