St. Luke's School

Legal name: St Luke's Foundation Inc

Nonprofit profile at a glance

EIN
237099149
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
New Canaan, CT, US
Phone
(203) 966-5612
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Secondary, High School

Official website

Reported finances

Revenue
$38,526,979
Expenses
$38,449,033
Assets
$144,019,567
Liabilities
$41,433,252

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

36 people listed

Highest reported compensation

  • MARY CARTER (HEAD OF SCHOOL): $870,250 total reported compensation
  • JULIA GABRIELE (ASSOCIATE HEAD OF SCHOOL & CFO): $498,428 total reported compensation
  • ELIZABETH PERRY (ASSISTANT HEAD OF SCHOOL FOR ACADEMICS): $297,769 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

St. Luke's School is a vibrant, mission-driven community focused on helping students discover their full potential to thrive, lead, and contribute.

What it reported doing in 2024

Academic program - from the bold-lettered "enter to learn, go forth to serve" motto that every student sees as the day begins, to the rich learning opportunities in and out of the classroom, the st. Luke's community inspires students to reach beyond themselves as emerging leaders in academics, athletics, service and the arts.the school's dynamic curriculum and caring faculty create a community where academic excellence is balanced with a thoughtful support that has the success of each student in mind. Teachers encourage students to challenge themselves through collaborative, experience-based learning. We offer a comprehensive traditional curriculum focusing on math, critical thinking, and writing - and - innovative curriculum such as emerging technologies and leading with humanity. This one-of-a-kind curriculum, along with our unique compass coaching program, prepares our students to thrive throughout their time at st. Luke's and into the future.

Operating model

Revenue model
Earned-program. 88% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 82% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 87
  • Accountability: 95
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.9%; rating input score 68
  • Program expense ratio: 67.9%; rating input score 68
  • Fundraising efficiency: $1.87 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.2%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 3.75; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 9%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 25th percentile among comparable filings
  • Revenue growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 6.9% per year; rating input score 100; 48th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site
  • Where the money goes: 67.9% of revenue deployed · 67.9% of spending went to programs
  • Governance: 26 of 26 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $26.1M in reported program spending
  • Leadership: top reported pay $870K · 36 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 6/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.