Avera St Lukes

Analysis

Avera St Lukes is a registered charity in United States, based in Aberdeen, SD. It received its IRS tax-exemption ruling in March 1943, 83 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, Avera St Lukes reported income of $200.1m and spending of $209.2m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $200.3m to $200.1m (-0.1%), an average of +-0.0% 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, Avera St Lukes sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within SD. Charities of a similar size with the same main cause include Saint Francis Ministries Inc ($200.0m), Alegent Health-Immanuel Medical Center ($200.8m) and Olean General Hospital ($199.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.5m (0.7% of expenses). Other salaries and wages came to $88.4m. At year end it held assets of $155.4m against liabilities of $76.4m, net assets of $79.0m. It reported 1,313 employees.