St Lukes Medical Clinic

Charity Navigator Rating: 1 Star (52%)

St. Luke's Medical Clinic has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 52% highlights several areas where the organization falls short, particularly in financial transparency, as it lacks key financial statements and essential policies that support governance and accountability.

On a positive note, the organization demonstrates a strong commitment to its mission, with an impressive program expense ratio of 94.87%, meaning that a substantial portion of its funds is directed towards program activities. Additionally, the clinic has a fully independent board, which is an important strength for governance and decision-making processes.

However, the clinic faces critical issues in its financial reporting, including a lack of necessary policies for conflict of interest, whistleblower protection, and document retention. The liabilities to assets ratio is also concerning at 127.55%, suggesting potential financial instability. These factors contribute to the organization's low overall rating, signaling a need for improvement in financial management and transparency.

This AI summary has been generated from information found on Charity Navigator.

St Lukes Medical Clinic is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Lukes Medical Clinic submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $81,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,495

For more financial information, click here