St Luke Geriatric Center Inc

Analysis

St Luke Geriatric Center Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Luke Geriatric Center Inc reported income of $687k and spending of $640k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $480k to $687k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Luke Geriatric Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Academy of Music Endowment Fund ($687k), Lionville Fire Company ($688k) and Singh Foundation Inc ($687k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $915k against liabilities of $1.3m, net assets of -$342k.