Ascension Providence Foundation

Analysis

Ascension Providence Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ascension Providence Foundation reported income of $1.2m and spending of $2.6m, spending 216% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $913k to $1.2m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 311%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ascension Providence Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include One Small Step ($1.2m), Centro Hispano ($1.2m) and Pacific Healthcare Services Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $11.4m against liabilities of $45k, net assets of $11.3m.