Saint Lukes Hospital of Garnett Inc

Analysis

Saint Lukes Hospital of Garnett Inc is a registered charity in United States, based in Garnett, KS. 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 Hospital of Garnett Inc reported income of $32.5m and spending of $34.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $29.8m to $32.5m (+9.3%), an average of +2.2% a year. Over the whole period it spent 102% 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 Hospital of Garnett Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include Sterling Health Solutions Inc ($32.5m), Baker County Medical Services Inc ($32.5m) and Wakemed ($32.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $579k (1.7% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $12.8m against liabilities of $10.4m, net assets of $2.4m. It reported 264 employees.