St Lukes Hospital at the Vintage

Analysis

St Lukes Hospital at the Vintage is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2012, 14 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 Hospital at the Vintage reported income of $107.0m and spending of $114.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $80.7m to $107.0m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 102% 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 Hospital at the Vintage 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 Baylor St Lukes Medical Group ($106.9m), Ampla Health ($107.1m) and Robert Wood Johnson Health Network Inc ($106.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Other salaries and wages came to $42.2m. At year end it held assets of $56.9m against liabilities of $175.3m, net assets of -$118.4m.