St Lukes Health Network Inc

Analysis

St Lukes Health Network Inc is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health Network Inc reported income of $72.6m and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $62.7m to $72.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2020, when income dropped by 144%. Over the whole period it spent 0.0% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Lukes Health Network Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Hoopeston Community Memorial Hospital ($72.6m), Brooklyn Ambulatory Care PC ($72.6m) and Long Island Jewish Medical Center at Home Pharmacy Inc ($72.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.17bn against liabilities of $0, net assets of $1.17bn.