St Lukes Lutheran Care Center

Analysis

St Lukes Lutheran Care Center is a registered charity in United States, based in Blue Earth, MN. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Lukes Lutheran Care Center reported income of $9.3m and spending of $9.4m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.0m to $9.3m (+4.0%), an average of +1.0% a year. The sharpest change came in the year to September 2022, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Lukes Lutheran Care Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Society of St Vincent de Paul South West Idaho District Council Inc ($9.3m), Center for Social Integrity USA Inc ($9.3m) and Siffrin Inc ($9.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.6% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $118k (1.3% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $8.4m against liabilities of $6.8m, net assets of $1.6m. It reported 215 employees.