Saint Lukes East Hospital

Analysis

Saint Lukes East Hospital is a registered charity in United States, based in Lees Summit, MO. 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 East Hospital reported income of $376.2m and spending of $364.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $334.9m to $376.2m (+12%), an average of +3.0% a year. Over the whole period it spent 90% 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 East Hospital sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include New York-Presbyterian Fund Inc ($375.5m), Alamance Regional Medical Center ($376.2m) and Ohi West Inc ($375.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.2m (0.3% of expenses). Other salaries and wages came to $101.5m. At year end it held assets of $598.2m against liabilities of $208.5m, net assets of $389.7m. It reported 1,900 employees.