St Lukes Physician Group Inc

Analysis

St Lukes Physician Group Inc is a registered charity in United States, based in Bethlehem, PA. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Lukes Physician Group Inc reported income of $747.5m and spending of $746.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $516.4m to $747.5m (+45%), an average of +9.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Lukes Physician Group Inc sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Manhattan and Bronx Surface Transit Operating Authority ($737.0m), Lokahi Assurance Ltd ($758.2m) and Hackensack Meridian Health Medical Group-Specialty Care PC ($720.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $633k (0.1% of expenses). Other salaries and wages came to $541.1m. At year end it held assets of $92.1m against liabilities of $228.6m, net assets of -$136.5m. It reported 5,055 employees.