St Lukes - St Vincents Healthcareinc

Analysis

St Lukes - St Vincents Healthcareinc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 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 Lukes - St Vincents Healthcareinc reported income of $244.1m and spending of $245.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $199.8m to $244.1m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 95% 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 - St Vincents Healthcareinc 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 99th percentile within MO. Charities of a similar size with the same main cause include The Mary Lanning Memorial Hospital Association ($243.2m), Castle Medical Center ($244.2m) and Capital Region Medical Center ($242.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $890k (0.4% of expenses). Other salaries and wages came to $72.9m. At year end it held assets of $188.9m against liabilities of $41.0m, net assets of $147.9m. It reported 1,557 employees.