St Lukes Hospital Foundation Inc

Analysis

St Lukes Hospital Foundation Inc is a registered charity in United States, based in Columbus, NC. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, St Lukes Hospital Foundation Inc reported income of $892k and spending of $221k, leaving 75% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $211k to $892k (+323%), an average of +43% a year. The sharpest change came in the year to September 2020, when income rose by 408%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Lukes Hospital Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include East Palmyra Christian School Inc ($892k), Elkridge Youth Organization Inc Becky Fioretti ($892k) and Episcopal Management Corporation for St Marks Garden Inc ($892k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $99k. At year end it held assets of $6.4m against liabilities of $13k, net assets of $6.4m.