Luke Society, Inc., The

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/12/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

The Luke Society is an interdenominational organization of Christian health and business professionals dedicated to the field of missions. The Luke Society works with indigenous Christian health professionals who have a vision to reach their own people. The organization's focus is on community health--teaching people how to prevent disease through education, immunization, nutrition, hygiene and sanitation, and equipping people to care for themselves, their families and their communities. Besides teaching prevention, The Luke Society provides medical care for the sick and comfort for the dying. When appropriate, the organization also helps initiate economic development projects in conjunction with its medical ministries to assist people in providing for their families. Most important, The Luke Society is a Christ-centered ministry of evangelism and discipleship, reconciling man to God, and man to man through the truth of the gospel. The Society has approximately 20 ministries on four continents at the present time. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
3409 Gateway Blvd.
Sioux Falls, SD 57106-7106

Website: www.lukesociety.org

Phone: (605) 373-9686

Email: office@lukesociety.org


Organization details

EIN: 840563440

CEO/President: Dr. Wrede Vogel

Chairman: Mr. Stewart Odell

Board size: 11

Founder: Dr. Peter Boelens

Year founded: 1964

Tax deductible: Yes

Fiscal year end: 12/30

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

The Luke Society is an interdenominational organization of Christian health and business professionals dedicated to the field of missions. The Luke Society works with indigenous Christian health professionals who have a vision to reach their own people. The organization's focus is on community health--teaching people how to prevent disease through education, immunization, nutrition, hygiene and sanitation, and equipping people to care for themselves, their families and their communities. Besides teaching prevention, The Luke Society provides medical care for the sick and comfort for the dying. When appropriate, the organization also helps initiate economic development projects in conjunction with its medical ministries to assist people in providing for their families. Most important, The Luke Society is a Christ-centered ministry of evangelism and discipleship, reconciling man to God, and man to man through the truth of the gospel. The Society has approximately 20 ministries on four continents at the present time. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

The Luke Society's Mission Statement is:

"The Luke Society is a Christ-centered ministry of evangelism and discipleship, reconciling man to God, and man to man through the truth of the gospel."


Statement of faith

The Luke Society's Statement of Faith is:

We believe that God has gifted us, as Luke Society members, to minister to the health needs of the whole person. We believe the world and everything in it belongs to God. God made our world perfect but sin entered the world with its consequences of suffering and disease. We believe that God sent Jesus Christ to the world to take the punishment for sin, to restore man to Himself, and that He uses us as His instruments of restoration. We believe that God through His Spirit and Word empowers us to minister to health needs in the world and help those who are suffering. As we meet health needs, we desire to communicate God's compassion and love and tell others about Jesus Christ as the only lasting means of life and peace. We are committed to accompany quality health care with ministries of evangelism and discipleship. We believe that as we serve, 'He is able to do immeasurably more than all we ask or imagine, according to His power that is at work within us, to Him be the glory in the church and in Christ Jesus throughout all generations, forever and ever! Amen' (Ephesians 3:20-21). NIV

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Transparency grade

A

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Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating472 of 91338 of 75
Fund acquisition rating145 of 91513 of 75
Resource allocation rating372 of 91531 of 75
Asset utilization rating882 of 91372 of 75

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%2%2%2%2%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%1%2%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%88%89%104%92%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%2%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%12%11%-4%8%2%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%89%90%90%88%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%65%78%89%87%74%
Program output ratio Program output ratio =
Program services /
Total revenue
83%58%71%80%77%65%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%35%22%11%13%26%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%21%16%8%10%25%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%9%8%8%10%10%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.720.380.560.570.660.71
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.304.644.923.643.863.65
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.751.772.732.082.572.60
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.4955.1239.7138.9145.0247.45
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.020.030.030.020.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.216.644.285.614.574.52
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%0%1%1%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
48%261%179%173%149%139%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,666,759$1,248,076$1,468,694$1,272,191$1,206,912
Receivables, inventories, prepaids$88,976$70,453$41,394$42,539$43,553
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,755,735$1,318,529$1,510,088$1,314,730$1,250,465
Long-term investments$5,567,143$4,376,644$3,168,979$2,976,561$2,600,085
Fixed assets$704,549$649,289$663,320$676,640$691,658
Other long-term assets$126,833$145,253$150,340$107,000$16,000
Total long-term assets$6,398,525$5,171,186$3,982,639$3,760,201$3,307,743
Total assets$8,154,260$6,489,715$5,492,727$5,074,931$4,558,208
 
Liabilities20202019201820172016
Payables and accrued expenses$29,374$30,722$36,329$26,723$23,874
Other current liabilities$2,478$2,478$2,478$2,478$2,478
Total current liabilities$31,852$33,200$38,807$29,201$26,352
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$8,753$9,724$10,229$10,738$11,251
Total long-term liabilities$8,753$9,724$10,229$10,738$11,251
Total liabilities$40,605$42,924$49,036$39,939$37,603
 
Net assets20202019201820172016
Without donor restrictions$6,441,959$4,941,742$3,976,183$3,636,413$3,112,389
With donor restrictions$1,671,696$1,505,049$1,467,508$1,398,579$1,408,216
Net assets$8,113,655$6,446,791$5,443,691$5,034,992$4,520,605
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$4,211,285$4,087,890$3,713,594$3,578,303$4,322,742
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$570,298$520,964($157,210)$311,313$71,652
Other revenue($1,042)$364$713($1,205)($2,426)
Total other revenue$569,256$521,328($156,497)$310,108$69,226
Total revenue$4,780,541$4,609,218$3,557,097$3,888,411$4,391,968
 
Expenses20202019201820172016
Program services$2,768,104$3,249,884$2,834,415$2,985,444$2,849,209
Management and general$281,249$278,323$254,655$325,140$333,035
Fundraising$64,324$77,911$59,328$63,440$69,427
Total expenses$3,113,677$3,606,118$3,148,398$3,374,024$3,251,671
 
Change in net assets20202019201820172016
Surplus (deficit)$1,666,864$1,003,100$408,699$514,387$1,140,297
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,666,864$1,003,100$408,699$514,387$1,140,297

Compensation

NameTitleCompensation
Wrede Vogel MdExecutive Di$189,570
Greg Kuiper MdDir Ministry$173,120

Compensation data as of: 12/31/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/12/2021. To update the information below, please email: info@ministrywatch.com


History

The Luke Society was initially organized in 1964 by a group of physicians and dentists to save a mission hospital in Rehoboth, NM. In 1970 Dr. Peter Boelens, a member of the Society, founded its first community health and development program in Cary, MS. Today, that ministry is independent and continues to serve the people of the Mississippi delta under local leadership. In 1979, under the direction of Dr. Boelens, the Luke Society broadened its focus to include international ministries as well as domestic. In 1996, the Luke Society appointed regional coordinators, indigenous Christian leaders already serving as Luke Society ministry directors, to seek new ministry opportunities on their own continents and to help mentor new ministry directors.


Program accomplishments

The Luke Society currently supports more than 20 ministries in Africa, Asia, Eastern Europe, and North, Central and South America and are continuting to add new ones. Each ministry varies in its scope, and might include medial clinics, community health outreach, water and sanitation projects, economic development, Christian education, church planting and Bible study.


Needs