St Lukes Hospital

Analysis

St Lukes Hospital is a registered charity in United States, based in Crosby, ND. It received its IRS tax-exemption ruling in September 1984, 42 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 2022, St Lukes Hospital reported income of $8.7m and spending of $9.8m, spending 112% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $10.5m to $8.7m (-17%), an average of -5.9% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 97% 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 Hospital sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within ND. Charities of a similar size with the same main cause include NHS Stevens Center ($8.7m), Easter Seals Dupage and the Fox Valley Region ($8.7m) and Ohio Crippled Childrens Fund ($8.7m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 18% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $274k (2.8% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $9.7m against liabilities of $7.0m, net assets of $2.7m. It reported 103 employees.