Carenet
Lansdowne, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Civil Rights, Social Action & Advocacy with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $9,734,464↑10% | $9,247,854↑6% | $5,470,830↑6% | |
| 2023 | $8,813,206↑1% | $8,727,711↑1% | $5,139,884↑21% | — |
| 2022 | $8,724,760↑10% | $8,659,416↑10% | $4,234,469↓28% | — |
| 2021 | $7,949,853↑52% | $7,883,079↑51% | $5,910,167↑42% | — |
| 2020 | $5,241,330↑3% | $5,234,964↑3% | $4,150,036↑13% | — |
| 2019 | $5,109,842↑6% | $5,104,904↑6% | $3,673,941↑5% | — |
| 2018 | $4,816,824↑8% | $4,811,775↑11% | $3,506,843↑4% | — |
| 2017 | $4,457,989↑3% | $4,354,027↑2% | $3,373,807↑4% | — |
| 2016 | $4,334,227↑5% | $4,267,443↑5% | $3,248,660↑1% | — |
| 2015 | $4,136,432↓4% | $4,073,325 | $3,219,062↑4% | — |
| 2014 | $4,306,679↑4% | $4,090,086↓15% | $3,083,599↑4% | — |
| 2013 | $4,140,069↓13% | $4,825,369↑3% | $2,964,763↓16% | — |
| 2012 | $4,752,593 | $4,683,523 | $3,521,554 | — |
Frequently Asked Questions
What does Carenet do?▼
Carenet is a civil rights, social action & advocacy nonprofit organization based in Virginia. It is classified under NTEE code R62Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Carenet financially healthy?▼
Based on our 9-metric Financial Health Score model, Carenet has a score of 81/100 (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 Carenet generate?▼
Carenet reports $10.7M in annual revenue and holds $6.1M in total assets, based on IRS filings.
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