St Luke S Hospital- Grand View Campus

Analysis

St Luke S Hospital- Grand View Campus is a registered charity in United States, based in Sellersville, PA. It received its IRS tax-exemption ruling in February 1937, 89 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, St Luke S Hospital- Grand View Campus reported income of $250.0m and spending of $289.8m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $212.5m to $250.0m (+18%), an average of +4.1% a year. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Luke S Hospital- Grand View Campus sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include Albany Med Health System ($249.6m), Memorial Hospital-West Volusia Inc ($250.4m) and Meadville Medical Center ($249.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $4.1m (1.4% of expenses). Other salaries and wages came to $126.6m. At year end it held assets of $515.9m against liabilities of $379.4m, net assets of $136.5m. It reported 2,240 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.