St Lukes Health System

Analysis

St Lukes Health System is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Lukes Health System reported income of $731.4m and spending of $731.4m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $575.6m to $731.4m (+27%), an average of +6.2% 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 Health System sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within ID. Charities of a similar size with the same main cause include Endeavor Health Medical Group ($730.7m), The Johns Hopkins Health System Corporation ($732.7m) and Memorial Hospital of South Bend ($730.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $6.5m (0.9% of expenses). Other salaries and wages came to $300.8m. At year end it held assets of $329.8m against liabilities of $381.5m, net assets of -$51.7m. It reported 19,470 employees.