St Luke Foundation

Analysis

St Luke Foundation is a registered charity in United States, based in McComb, MS. It received its IRS tax-exemption ruling in October 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Luke Foundation reported income of $16.1m and spending of $12.2m, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.5m to $16.1m (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2020, when income rose by 24%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Luke Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MS. Charities of a similar size with the same main cause include Iowa Health Information Network ($16.1m), United Cerebral Palsy Association of the Rochester Area Inc ($16.2m) and Pace North ($16.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 90% of the total. Other salaries and wages came to $6.1m. At year end it held assets of $34.7m against liabilities of $5.0m, net assets of $29.7m. It reported 227 employees.