St Lukes Lutheran Health Ministries Inc

Analysis

St Lukes Lutheran Health Ministries Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 1995, 31 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 June 2024, St Lukes Lutheran Health Ministries Inc reported income of $342k and spending of $531k, spending 155% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $406k to $342k (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2024, when income rose by 758%. Over the whole period it spent 72% 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 Lutheran Health Ministries Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include CT Breast Health Initiative Inc ($342k), Onyx Foundation Inc ($342k) and McOre Foundation ($342k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% of the total. Compensation of current officers, directors and key employees was $57k (11% of expenses). At year end it held assets of $9.4m against liabilities of $955, net assets of $9.4m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.