Ascension Services Incorporated

Analysis

Ascension Services Incorporated is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in February 1986, 40 years ago. 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 December 2023, Ascension Services Incorporated reported income of $546k and spending of $641k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $642k to $546k (-15%), an average of -4.0% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ascension Services Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include National Alliance of Preservation Commissions ($546k), United Way of East Mississippi Inc ($546k) and San Francisco Trial Lawyers Association ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $65k. At year end it held assets of $1.7m against liabilities of $32k, net assets of $1.7m. It reported 5 employees.