St Luke Services Corporation

Analysis

St Luke Services Corporation is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Luke Services Corporation reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.2m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Luke Services Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Lifestream Complete Senior Living at Northeast Phoenix Inc ($2.2m), Kiamichi Youth Services Inc for McCurtain County Inc ($2.2m) and Rebuilding Together Metro Chicago ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $300k (14% of expenses). Other salaries and wages came to $958k. At year end it held assets of $940k against liabilities of $704k, net assets of $236k. It reported 24 employees.