St Lukes Ambulatory Services Inc

Analysis

St Lukes Ambulatory Services Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2023, St Lukes Ambulatory Services Inc reported income of $8.3m and spending of $6.5m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $8.3m (+592%), an average of +62% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 75% 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 Ambulatory Services Inc 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 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Carelink Inc ($8.3m), West Tennessee Family Solutions Inc ($8.3m) and Delta Dental of Oklahoma Foundation ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $17.3m against liabilities of $15.3m, net assets of $2.1m.