St Luke Foundation

Analysis

St Luke Foundation is a registered charity in United States, based in North Canton, OH. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Luke Foundation reported income of $734k and spending of $77k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $734k (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 215%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Luke Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include C O P E ($734k), TVHC Facilities II Inc ($734k) and Hold Your Horses ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $7.4m against liabilities of $153k, net assets of $7.3m.