St Lukes Management Inc

Analysis

St Lukes Management Inc is a registered charity in United States, based in Carthage, MO. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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 May 2024, St Lukes Management Inc reported income of $7.1m and spending of $7.2m, spending 101% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $5.1m to $7.1m (+40%), an average of +7.0% a year. The sharpest change came in the year to May 2024, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Lukes Management Inc 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 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Roncalli Institute Inc ($7.1m), Heritage Hospice Inc ($7.1m) and CSN International Inc ($7.1m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $1.4m against liabilities of $2.3m, net assets of -$905k.