St Luke N E W Life Center Inc

Analysis

St Luke N E W Life Center Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in July 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Luke N E W Life Center Inc reported income of $1.4m and spending of $1.7m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Luke N E W Life Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Leadership Georgia Foundation Inc ($1.4m), Foundation for Wellness ($1.4m) and Hope Developmental Achievement Center ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 18% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.4m against liabilities of $65k, net assets of $2.3m. It reported 65 employees.