Health Care
(E31Z)
990 on File
CARESOURCE OHIO INC
Financial strength (30%)
69/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$8559.8M
Total Revenue
$8462.3M
Total Expenses
$846.9M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.3%
Fundraising Efficiency
N/A
Operating Reserve
1.20x
Liability-to-Asset
62.3%
Revenue Diversification
99.3%
Compared with Peers
FY 2024
Compared with 938 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.3% | 87.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.7% | 12.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.2 mo | 6.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
62.3% | 44.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.3% | 96.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
0.4% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.0% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.1% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $8559.8M | $8462.3M | $846.9M | 86.3% | 0 |
| 2023 | $8525.7M | $7984.7M | $819.8M | 84.6% | 0 |
| 2022 | $10064.1M | $9417.2M | $1399.7M | 90.7% | 0 |
| 2021 | $9756.2M | $9704.2M | N/A | — | 0 |
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