E — Health CareEIN: 370673465

The Carle Foundation

Urbana, Illinois

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.88×
Peer Median0.50×
💰
$575.4M
Total Revenue
📊
$549.8M
Total Expenses
🏦
$1.6B
Net Assets
📋
$1.4B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.4%
Year-over-year change (2022 → 2023)
Net Margin
+4.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.88
Net assets divided by total expenses
Liabilities-to-Assets
46.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$575,377,812↑19%$549,795,506↑16%$2,977,227,900
2022$481,907,573↓13%$475,536,731↑4%$2,988,243,749↓9%
2021$555,725,730↑29%$455,943,265↑19%$3,268,207,661↑18%
2020$432,389,749↑6%$383,572,381↑15%$2,769,352,943↑4%
2019$407,827,505↑19%$333,842,083↑8%$2,657,419,618↑14%
2018$343,877,589↑19%$309,074,036↓1%$2,326,262,647↑5%
2017$289,560,719↑12%$311,547,888↑33%$2,224,978,627↑15%
2016$259,499,542↓8%$234,587,866↓14%$1,941,157,795↑23%
2015$280,891,315↑5%$273,159,114↑18%$1,576,207,807↑8%
2014$267,896,240↑7%$231,820,864↑18%$1,463,428,117↑5%
2013$249,333,345↑14%$197,166,852$1,388,468,002↑11%
2012$218,449,064↓14%$196,938,665↓12%$1,245,997,769↑10%
2011$254,137,511↑122%$222,589,893↑114%$1,136,001,019↑31%
2010$114,434,727$103,951,743$867,370,381

Frequently Asked Questions

What does The Carle Foundation do?▼

The Carle Foundation is a health care nonprofit organization based in Illinois. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Carle Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, The Carle Foundation has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Carle Foundation generate?▼

The Carle Foundation reports $693.3M in annual revenue and holds $3.3B in total assets, based on IRS filings.

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