Saint Lukes Hospital of Allen County Inc

Analysis

Saint Lukes Hospital of Allen County Inc is a registered charity in United States, based in Iola, KS. It received its IRS tax-exemption ruling in March 2002, 24 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 December 2023, Saint Lukes Hospital of Allen County Inc reported income of $30.5m and spending of $33.4m, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $13.1m to $30.5m (+132%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Lukes Hospital of Allen County Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include Bill Hillary & Chelsea Clinton Foundation ($30.5m), Willamette Health Council ($30.6m) and Palo Alto Veterans Institute for Research ($30.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $10.4m. At year end it held assets of $10.9m against liabilities of $22.0m, net assets of -$11.1m. It reported 184 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.