St Lukes Regional Medical Center: $2.5B Revenue, $2.4B Expenses

St Lukes Regional Medical Center grades a B on the NonprofitTruth efficiency rubric. 73/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

St Lukes Regional Medical Center operates at corporate scale — $2.5B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). On the reserves factor, St Lukes Regional Medical Center scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. St Lukes Regional Medical Center reported $2.5B in 2023, up notably from the start of the window. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. St Lukes Regional Medical Center is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.