Luke 18-1 Foundation

Analysis

Luke 18-1 Foundation is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover health care, 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, Luke 18-1 Foundation reported income of $518k and spending of $497k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $518k (+176%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Luke 18-1 Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Baltimore Area Health Education Center Inc ($518k), Branchville Volunteer Fire Company and Rescue Squad Incorporated ($518k) and Arkansas Immunization Action Coalition ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 118% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.