St Lukes Family Medical Group a Flexible Purpose Corp

Analysis

St Lukes Family Medical Group a Flexible Purpose Corp is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Lukes Family Medical Group a Flexible Purpose Corp reported income of $1.6m and spending of $1.3m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 85% 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 Family Medical Group a Flexible Purpose Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Upper Valley Ambulance Inc ($1.6m), Bridge to Independence Inc ($1.6m) and Spencer Rescue & Emergency Squad Inc 44 Maple St ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $300k (23% of expenses). Other salaries and wages came to $533k. At year end it held assets of $2.9m against liabilities of $1.5m, net assets of $1.4m. It reported 6 employees.