St Lukes Hospital-Monroe Campus

Analysis

St Lukes Hospital-Monroe Campus is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in August 2014, 12 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, St Lukes Hospital-Monroe Campus reported income of $225.2m and spending of $235.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $156.1m to $225.2m (+44%), an average of +9.6% a year. Over the whole period it spent 100% 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-Monroe Campus 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 PA. Charities of a similar size with the same main cause include Breakthrough T1d ($223.8m), Nuvance Health Medical Practice PC ($225.7m) and Phoebe Physician Group Inc ($223.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 100% of the total. At year end it held assets of $231.8m against liabilities of $250.3m, net assets of -$18.5m.