Lukes Foundation

Analysis

Lukes Foundation is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lukes Foundation reported income of $441k and spending of $453k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $230k to $441k (+92%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lukes Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Cameron County Ambulance Service Inc ($441k), Connecting to Care ($442k) and Lewisboro Volunteer Ambulance Corps Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (14% of expenses). Other salaries and wages came to $66k. At year end it held assets of $294k against liabilities of $169k, net assets of $125k. It reported 2 employees.