St Lukes West Ltd

Analysis

St Lukes West Ltd is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in October 2017, 9 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 September 2023, St Lukes West Ltd reported income of $246.1m and spending of $236.0m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $121.5m to $246.1m (+102%), an average of +19% a year. The sharpest change came in the year to September 2021, when income rose by 42%. Over the whole period it spent 97% 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 West Ltd sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within ID. Charities of a similar size with the same main cause include Holyoke Medical Center Inc ($245.5m), Norton Sound Health Corporation ($246.3m) and Saint Lukes South Hospital Inc ($244.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. At year end it held assets of $203.0m against liabilities of $193.2m, net assets of $9.8m.