St Lukes-Jones Regional Medical Center

Analysis

St Lukes-Jones Regional Medical Center is a registered charity in United States, based in Anamosa, IA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, St Lukes-Jones Regional Medical Center reported income of $56.7m and spending of $44.5m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.7m to $56.7m (+36%), an average of +8.0% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Lukes-Jones Regional Medical Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Pennsylvania Virtual Charter School ($56.4m), Catherine Hershey Schools for Early Learning ($56.7m) and Utah Charter Academies ($56.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $291k (0.7% of expenses). Other salaries and wages came to $21.0m. At year end it held assets of $82.2m against liabilities of $7.5m, net assets of $74.7m. It reported 327 employees.