St Lukes Episcopal-Presbyterian Hospital

Analysis

St Lukes Episcopal-Presbyterian Hospital is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in December 1953, 73 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, St Lukes Episcopal-Presbyterian Hospital reported income of $644.3m and spending of $582.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $520.8m to $644.3m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Lukes Episcopal-Presbyterian Hospital sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MO. Charities of a similar size with the same main cause include Indiana University Health Arnett Inc ($641.5m), Henry Ford Macomb Hospital Corporation ($645.4m) and St Johns Hospital of the Hospital Sisters of the Third Order of St F ($639.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $5.5m (0.9% of expenses). Other salaries and wages came to $226.5m. At year end it held assets of $832.7m against liabilities of $230.1m, net assets of $602.6m. It reported 4,362 employees.