St Lukes School

Analysis

St Lukes School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Lukes School reported income of $21.2m and spending of $21.9m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $19.1m to $21.2m (+11%), an average of +3.6% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Lukes School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include University of Wisconsin-Eau Claire Foundation Inc ($21.2m), Le Jardin Community Center Inc ($21.2m) and Austin Trinity School ($21.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.4m (6.5% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $82.4m against liabilities of $53.1m, net assets of $29.3m. It reported 121 employees.