The Carle Foundation Hospital
98% goes to programs $0 to raise $100 Growing revenue
The Carle Foundation Hospital is a 501(c)(3) organization based in Urbana, Illinois, registered in 1982, with $1,525,481,906 in FY2024 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
611 W Park St, Urbana, IL, 61801 EIN 37-1119538 Since 1982
Revenue (FY2024)
$1.5B
▲ 7.7% vs prior year
Health median: $840K
Expenses (FY2024)
$1.2B
Net assets
$483.5M
Employees
5,301
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating98% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Carle Foundation Hospital: 98% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +22% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Carle Foundation Hospital: 5 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Carle Foundation Hospital: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Carle Foundation Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To be the trusted partner in all healthcare decisions and improve health by providing highly accessible, world-class care and services.
What they do
Research and education initiatives: research carle health invests in clinical research to seek innovative solutions for difficult clinical challenges and ensure our patients have access to the most effective and innovative approaches to healthcare. the stephens family clinical research institute (sfcri) at carle health provides the scientific leadership and research infrastructure to advance research ideas and ensure the safe and compliant conduct of research in the clinical setting. carle's clinicians and researchers conduct studies that receive recognition and support from national federal agencies, major foundations, and research institutions throughout the united states. in 2024, clinicians, researchers, and students worked on over 425 clinical trials and research studies across the health system. more than 3,000 patients participated in clinical research, including more than 1,400 new participants at locations in champaign-urbana, mattoon, danville, bloomington-normal and peoria. researchers working at carle produced over 220 research publications in 2024, including important research in tbi care and stroke recovery. research at carle health happens across the continuum of medical care. nevertheless, certain fields stand out due to the exceptional expertise and collaboration among researchers and clinicians, leading to national acknowledgement of the programs created here. cancer research at carle health's urbana cancer center has received support from the national cancer institute starting in 1985. the national cancer institute community oncology research program ("ncorp") grant supports community access to innovative clinical trials and best practice in care delivery. carle cancer center is one of only thirty-two community sites in the nation, bringing cancer clinical trials to individuals in their own communities. carle's cancer research program has received multiple nci awards for its high-quality, impactful work, leading to increased funding and wider clinical partnerships. the carle ncorp network now has 26 affiliate sites in areas of illinois and western indiana that do not have access to cancer clinical trials and emerging treatments, carle cancer institute received numerous awards in 2024 recognizing their outstanding accomplishments in bringing clinical trials to patients in our region, ranking as one of the top 10 programs in the country for nci clinical trial success alongside institutions like the mayo clinic and johns hopkins. carle continues to be a top recruiting site in the nation for an important study evaluating the effectiveness of 2d versus 3d mammography. georgina cheng, md, phd, a carle physician researcher and gynecological oncologist, has received the distinguished warren and clare cole award to advance her research on digital pathology tools. designed for use during surgeries in the operating room, the tools will help improve diagnostic accuracy in the operating room and help surgeons make clearer decisions regarding immediate approaches for surgery and treatment of diseases. dr. claudius conrad, hepatobiliary surgical oncologist, joined carle in 2024 and was awarded a research grant from fuji film to develop the use of advanced imaging tools in the or to help surgeon visualize important structures in the liver, pancreas and bile duct, which improves surgical outcomes for patients. the carle clinical imaging research center is leading the use of the siemens 7 t mri system, the only 7 t system in the state of illinois approved for clinical use. carle health and the university of illinois urbana champaign beckman imaging center, partnered to acquire the siemens 7t mri system 2020 and work closely to develop a unique coupling of advanced scientific development with clinical innovation. our goal is to improve visualization of challenging clinical conditions to develop better detection and treatment of complex disease. primary areas of interest are in traumatic brain injury, stroke recovery, epilepsy,
Contact & location
- Address
- 611 W Park St, Urbana, IL, 61801
- City
- Urbana
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $616.6M (FY2013) to $1.5B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $168.0MNet assets $483.5M
Operating margin
22.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$651.5M
Total liabilities
$168.0M
Net assets
$483.5M
Salaries & benefits
$416.6M
35% of expenses
Board members
4
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,525,481,906▲7.7% | $1,186,916,038▲6.0% | $483,471,001▼2.3% | $651,480,526▲0.5% | 990 |
| 2023 | $1,415,874,416▲13.0% | $1,120,213,891▲3.2% | $494,823,594▲104% | $648,066,880▲37.5% | 990 |
| 2022 | $1,253,422,160▲2.7% | $1,085,210,294▲8.2% | $242,953,893▼3.1% | $471,321,883▼1.6% | 990 |
| 2021 | $1,220,405,483▲12.5% | $1,002,710,144▲10.9% | $250,772,162▲6.8% | $479,153,762▲2.8% | 990 |
| 2020 | $1,085,020,210▲5.7% | $903,867,871▲5.8% | $234,813,630▲12.1% | $465,988,906▲17.4% | 990 |
| 2019 | $1,026,211,585▲7.5% | $854,229,687▲15.5% | $209,532,123▼28.8% | $396,914,947▼11.1% | 990 |
| 2018 | $954,465,909▲4.2% | $739,780,843▲10.5% | $294,280,658▼5.7% | $446,283,408▲0.3% | 990 |
| 2017 | $916,264,565▲14.3% | $669,715,736▲8.6% | $312,048,047▼6.2% | $444,994,903▼2.2% | 990 |
| 2016 | $801,411,137▲6.2% | $616,622,170▲4.4% | $332,622,966▼3.4% | $455,057,271▲1.6% | 990 |
| 2015 | $754,525,159▲7.6% | $590,795,126▲7.9% | $344,181,543▼4.9% | $447,932,530▼2.9% | 990 |
| 2014 | $700,962,841▲13.7% | $547,610,066▲25.5% | $361,875,736▲33.5% | $461,332,351▲26.3% | 990 |
| 2013 | $616,575,313 | $436,350,289▲22.7% | $271,136,493▲43.7% | $365,263,648▲33.6% | 990 |
| 2012 | — | $355,495,218▲8.9% | $188,709,036▲13.0% | $273,484,830▲14.8% | 990 |
| 2011 | — | $326,571,691▼10.9% | $166,979,453▲46.6% | $238,294,492▲36.8% | 990 |
| 2009 | — | $366,705,168 | $113,902,814 | $174,254,217 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Bruce Damon — $328,755 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bruce Damon | Director, Clinical Imaging Research | 40 | $328,755 |
| Jodi Davis | Registered Nurse - Cfh House Supervisor | 40 | $326,696 |
| Amber Hanson | Pharmacist | 40 | $318,531 |
| Maria Fe Celis | Registered Nurse - Cfh Cia | 40 | $318,192 |
| Marlyse Kengue Moukeke | Pharmacist | 40 | $272,713 |
| Blair Rowitz Md | Associate Chief Medical Officer, Surgical Services | 40 | — |
| Caleb Miller | Board Member & Svp, Surgical Services & Ambulatory Care | 4 | — |
| Charles Dennis | Former Officer | 0 | — |
| David Chan Md | Associate Chief Medical Director, Acute Care & Children's Services | 19 | — |
| Dawn Walden | Svp, Chief Revenue Cycle Officer Thru 04/01/2024 | 16 | — |
| Dennis Hesch | Officer - Evp, Chief Finance & Strategy Officer | 3 | — |
| Elizabeth Angelo Dnp Rn-bc | Ex Officio, Non-voting // Officer - President, Cher // Cno | 37 | — |
| Issam Moussa Md | Medical Director | 40 | — |
| James C Leonard Md | Ex-officio, Officer - President & Ceo | 0.5 | — |
| Kelly Cunningham Md | Secretary/treasurer // Physician | 40 | — |
| Kenneth Aronson Md | Medical Director | 40 | — |
| Lauren Schmid Mba | Evp, Chief Human Resources Officer | 1 | — |
| Martin O'donnell | Vice Chair | 1 | — |
| Matthew Kolb Jd Mha | Officer - President, Carle Health Regions // Evp, Chief Operating Officer | 1 | — |
| Meredith Mills | Chair | 2.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Rightsourcing Inc | Staffing Services | $51,896,566 |
| Supplemental Healthcare | Staffing Services | $7,012,706 |
| Constellation Energy Services | Freight Services | $4,505,023 |
| Ge Precision Healthcare LLC | Maintenance Services | $2,727,511 |
| Fidelity On Call Inc | Staffing Services | $2,689,437 |
Grants received · $4.9M total
56 grants to The Carle Foundation Hospital totaling $4.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Carle Foundation | Internal funding | 2024 | $278,340 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $67,050 |
| Mayo Clinic | Support charitable programs | 2024 | $10,922 |
| The Carle Foundation | Internal funding | 2023 | $278,340 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2023 | $199,570 |
| Vanderbilt University Medical Center | General | 2023 | $84,854 |
| Muscular Dystrophy Association | Medical diagnosis and registry support | 2023 | $80,025 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $64,005 |
| Mayo Clinic | Support charitable programs | 2023 | $29,332 |
| Washington University | Research | 2023 | $11,366 |
| Muscular Dystrophy Association | Medical diagnosis and registry support | 2023 | $10,000 |
| American Heart Association Inc | Atrial fibrillation program | 2023 | $8,000 |
| The Carle Foundation | Internal funding | 2022 | $278,340 |
| Cystic Fibrosis Foundation | Cf care center | 2022 | $69,250 |
| Vanderbilt University Medical Center | Research | 2022 | $67,698 |
Grants made · $742K in FY2024
6 grants totaling $742K in FY2024. All grants made by The Carle Foundation Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Promise Healthcare Nfp | Program support | $390,424 |
| Champaign County Health Care Consumers | Program support | $120,000 |
| United Way of Champaign County Illinois Inc | Program support | $92,500 |
| Land of Lincoln Legal Assistance Foundation | Medical legal partnership | $80,000 |
| Parkland College Foundation | Scholarships/sponsorships | $50,000 |
| Performance Health Supply Inc | Program support - athletic training | $9,344 |
Similar organizations in Health
Health
Ann & Robert H Lurie Childrens Hospital of Chicago
Chicago, IL
$1.5B
Aannual revenue
Health
Loyola University Medical Center
Maywood, IL
$1.7B
Bannual revenue
Health
Advocate North Side Health Network
Downers Grove, IL
$1.4B
Aannual revenue
Health
Edward Hospital
Arlington Hts, IL
$908.3M
Aannual revenue
Health
Swedishamerican Hospital
Rockford, IL
$888.1M
Aannual revenue
Health
Blue Cross Blue Shield Association
Chicago, IL
$862.7M
A+annual revenue
Health
Northwestern Memorial Healthcare
Chicago, IL
$2.3B
Aannual revenue
Health
Southern Illinois Hospital Services
Carbondale, IL
$765.6M
Aannual revenue
Northshore University Healthsystem
Arlington Hts, IL
$2.3B
Aannual revenue
Health
St Vincent Hospital of the Hospital Sisters of the Third Order of St
Springfield, IL
$739.7M
A+annual revenue
Compare The Carle Foundation Hospital
Frequently asked questions
- Is The Carle Foundation Hospital a legitimate nonprofit?
- Yes. The Carle Foundation Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1119538, based in Urbana, Illinois. Donations are tax-deductible.
- What is The Carle Foundation Hospital's EIN?
- The Carle Foundation Hospital's Employer Identification Number (EIN) is 37-1119538.
- How much revenue does The Carle Foundation Hospital report?
- The Carle Foundation Hospital reported $1,525,481,906 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Carle Foundation Hospital's spending goes to programs?
- The Carle Foundation Hospital spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Carle Foundation Hospital have?
- CharityIndex grades The Carle Foundation Hospital A, based on program efficiency and fundraising cost.
- How much does The Carle Foundation Hospital's highest-paid employee make?
- The highest reported compensation on The Carle Foundation Hospital's latest Form 990 is $328,755, paid to Bruce Damon (Director, Clinical Imaging Research).
More nonprofits in Urbana
Explore more
Data for The Carle Foundation Hospital (EIN 37-1119538) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.