EHealth CareEIN: 371159978· Ruling Year: 1984

Carle Development Foundation

Urbana, Illinois

AHealth Score
90A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org9.89×
Peer Median8.62×
💰
$12.6M
Total Revenue
📊
$9.5M
Total Expenses
🏦
$94.3M
Net Assets
📋
$20.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+60.7%
Year-over-year change (2022 → 2023)
Net Margin
+24.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.89
Net assets divided by total expenses
Liabilities-to-Assets
17.7%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$12,643,53661%$9,529,64860%$114,616,14164%
2022$7,867,15130%$5,974,03012%$69,715,2311%
2021$11,227,12172%$5,320,92365%$70,454,33910%
2020$6,536,86623%$3,220,18611%$64,048,925104%
2019$5,330,54816%$3,617,74516%$31,397,05512%
2018$4,597,21615%$4,290,89053%$27,982,2873%
2017$5,414,51411%$2,812,22241%$28,831,43515%
2016$4,886,21319%$4,775,51556%$25,134,13314%
2015$4,114,46749%$3,068,0292%$22,005,0211%
2014$8,056,726142%$3,131,57417%$22,167,22826%
2013$3,322,50242%$2,681,63512%$17,581,1896%
2012$5,731,135105%$2,404,81811%$16,622,22428%
2011$2,791,814137%$2,713,02562%$12,990,0083%
2010$1,177,619$1,678,843$13,433,560

Frequently Asked Questions

What does Carle Development Foundation do?

Carle Development Foundation is a health care nonprofit organization based in Illinois. It is classified under NTEE code E00J and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carle Development Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Carle Development Foundation has a score of 90/100 (Grade: A). 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 Carle Development Foundation generate?

Carle Development Foundation reports $17.4M in annual revenue and holds $113.8M in total assets, based on IRS filings.

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