Luke 14 Exchange Incorporated

Analysis

Luke 14 Exchange Incorporated is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in September 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 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 14 Exchange Incorporated reported income of $160k and spending of $138k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $160k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Luke 14 Exchange Incorporated sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Real Talk Lets Talk Reunited Counseling ($160k), Make Lemon-Aide ($160k) and Hands of Hope Heath Care Center ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $81k against liabilities of $3,992, net assets of $77k.