Saint Lukes Physician Group Inc

Analysis

Saint Lukes Physician Group Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 2002, 24 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 December 2023, Saint Lukes Physician Group Inc reported income of $562.5m and spending of $560.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $451.9m to $562.5m (+24%), an average of +5.6% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Lukes Physician Group Inc sits at the 99th percentile: it is larger than about 98% 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 St Bernards Hospital Inc ($562.3m), Southcentral Foundation ($562.9m) and Glendale Adventist Medical Center ($562.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $7.3m (1.3% of expenses). Other salaries and wages came to $370.7m. At year end it held assets of $78.2m against liabilities of $69.9m, net assets of $8.4m. It reported 2,799 employees.