St Lukes Community Development Corporation-Sugar Land

Analysis

St Lukes Community Development Corporation-Sugar Land is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2010, 16 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 Community Development Corporation-Sugar Land reported income of $91.7m and spending of $105.3m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $72.6m to $91.7m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 107% 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 Community Development Corporation-Sugar Land sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Santa Rosa Community Health Centers ($91.6m), Refuah Health Center Inc ($91.7m) and Lundquist Institute for Biomedical Innovation at Harbor-Ucla Medical ($91.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 93% of the total. Other salaries and wages came to $40.7m. At year end it held assets of $43.5m against liabilities of $245.2m, net assets of -$201.7m. It reported 771 employees.