St Lukes Medical Clinic

Analysis

St Lukes Medical Clinic is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Lukes Medical Clinic reported income of $607k and spending of $652k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $568k to $607k (+6.8%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Lukes Medical Clinic sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Good Friends ($607k), Vida Nueva Ministries Inc ($607k) and Gulf Coast Youth Soccer Club Inc ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $34k (5.2% of expenses). Other salaries and wages came to $307k. It paid $4,407 in professional fundraising fees. At year end it held assets of $126k against liabilities of $160k, net assets of -$35k. It reported 15 employees.