St Lukes Methodist Church Foundation Inc 3471 Westheimer RD

Analysis

St Lukes Methodist Church Foundation Inc 3471 Westheimer RD is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1964, 62 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Lukes Methodist Church Foundation Inc 3471 Westheimer RD reported income of $1.1m and spending of $992k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $1.1m (-66%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 220%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Lukes Methodist Church Foundation Inc 3471 Westheimer RD sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include South Lake Community Ministries Inc ($1.1m), Maysharim Inc ($1.1m) and Society of St John the Wonderworker Monastery ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $27.9m against liabilities of $531k, net assets of $27.4m.