Saint Lukes South Hospital Inc

Analysis

Saint Lukes South Hospital Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in March 2002, 24 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 December 2023, Saint Lukes South Hospital Inc reported income of $244.2m and spending of $271.7m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $193.7m to $244.2m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Lukes South Hospital Inc 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 KS. Charities of a similar size with the same main cause include Castle Medical Center ($244.2m), Holyoke Medical Center Inc ($245.5m) and St Lukes - St Vincents Healthcareinc ($244.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.0m (0.7% of expenses). Other salaries and wages came to $68.0m. At year end it held assets of $184.2m against liabilities of $194.8m, net assets of -$10.6m. It reported 1,345 employees.