St Lukes Health System Inc

Analysis

St Lukes Health System Inc is a registered charity in United States, based in Sioux City, IA. 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 December 2023, St Lukes Health System Inc reported income of $1.7m and spending of $1.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $1.7m (-62%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Lukes Health System Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include Toledo Rise & Shine Inc ($1.7m), Aberdeen Area Boys and Girls Club ($1.7m) and Presumpscot Regional Land Trust Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $23.3m against liabilities of $2.3m, net assets of $21.0m.