Health Care
(E11)
990 on File
CARESOURCE FOUNDATION
Financial strength (30%)
80/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$3.7M
Total Revenue
$3.4M
Total Expenses
$996K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.9%
Fundraising Efficiency
N/A
Operating Reserve
3.49x
Liability-to-Asset
5.5%
Revenue Diversification
95.1%
Compared with Peers
FY 2024
Compared with 3,080 similar organizations
(United States, Health Care, $1M–$10M 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
|
91.9% | 84.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.1% | 11.6% |
P10P90
|
Above 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
|
3.5 mo | 9.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.5% | 13.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.1% | 91.1% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
0.3% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-7.2% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.0% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $3.7M | $3.4M | $996K | 91.9% | 0 |
| 2023 | $3.7M | $3.7M | $737K | 93.8% | 0 |
| 2022 | $3.5M | $4.6M | $602K | 92.1% | 0 |
| 2021 | $3.5M | $4.0M | N/A | — | 0 |
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