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The Carle Foundation Hospital

Urbana, IL · EIN 37-1119538 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Carle Foundation Hospital reported $1.53 billion in revenue and $1.19 billion in expenses for calendar year 2024. Of every $100 it spent, $97.65 went to program services, $2.35 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.2% of the total. The highest compensation it reported for one person was $2,348,482 (Ex-Officio, Officer - President & CEO). 870 people received more than $100,000 in reportable compensation. Revenue rose 49% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.19B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $1.53B

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
97.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
2.3%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.8%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.2%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,348,482$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.20%1.34%
People paid over $100,000
Part VII, line 2
87027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.96.6
Independent voting board members
Part VI 1a–1b
2 of 488.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$1.11B expenses · 95.6% of program spending · grants $760K · revenue $1.51B

Serving people through high quality medical care, the Carle Foundation Hospital is an illinois not-for-profit corporation established for the purpose of operating the Carle Foundation's 509-licensed bed hospital and related facilities and, conducting patient care related activities of the foundation. The hospital, a level one trauma center, offers a full range of inpatient and outpatient diagnostic and therapeutic services for medical, surgical, obstetrical and gynecological patients. The hospital provides various ancillary support services to both inpatients and outpatients such as autopsy…

$33M expenses · 2.9% of program spending · revenue $683K

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…

$18M expenses · 1.6% of program spending

The carle community care discount program (financial assistance): as a tax-exempt organization, the Carle Foundation Hospital provides care to patients regardless of their ability to pay for that care or source of payment. We also recognize that some patients need help to pay their bills. The Carle Foundation Hospital's community care discount program (financial assistance) provides discounts or free care to those who need it. Our community care discount program is continually evaluated and managed as needed to meet the needs of our community. Evaluation involves input from administrative…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Ex-Officio, Officer - President & CEO
Officer, 0.5 hrs/week
$0$2,298,226$50,256$2,348,482
Officer - President, Carle Health Regions // EVP, Chief Operating Officer
Officer, 1.0 hrs/week
$0$1,418,629$333,703$1,752,332
Officer - EVP, Chief Finance & Strategy Officer
Officer, 3.0 hrs/week
$0$1,175,110$332,566$1,507,676
Officer - EVP, Chief Medical Officer
Officer, 1.0 hrs/week
$0$1,091,552$41,194$1,132,746
EVP, Chief Human Resources Officer
Key employee, 1.0 hrs/week
$0$878,588$105,168$983,756
Associate Chief Medical Officer, Surgical Services
Key employee, 40.0 hrs/week
$0$818,241$58,712$876,953
Medical Director
Key employee, 40.0 hrs/week
$0$718,772$50,376$769,148
Medical Director
Key employee, 40.0 hrs/week
$0$715,347$27,678$743,025

870 people received more than $100,000 in reportable compensation from The Carle Foundation Hospital (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00B201920202021202220232024$1.53B$1.19B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$1.53B$1.19B97.7%$483M$2,348,482
2023 ⓘ$1.42B$1.12B98.1%$495M$5,726,886
2022 ⓘ$1.25B$1.09B98.0%$243M$2,801,918
2021 ⓘ$1.22B$1.00B97.9%$251M$3,200,493
2020 ⓘ$1.09B$904M98.0%$235M$5,286,135
2019 ⓘ$1.03B$854M98.0%$210M$4,654,130

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 2 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 55,301
  • Volunteers Part I, line 61,235

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
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

Individuals listed as contractors are left out. 88 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to The Carle Foundation Hospital totaling $39 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Carle Foundation Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Carle Foundation Hospital, you can publish a response that is linked from this page.

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Questions people ask

How much of The Carle Foundation Hospital's spending goes to programs?

In calendar year 2024, The Carle Foundation Hospital reported that 97.7% of its $1.19 billion in expenses went to program services, 2.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Carle Foundation Hospital pay its top executive?

The largest total compensation The Carle Foundation Hospital reported for one person in calendar year 2024 was $2,348,482, for the role of Ex-Officio, Officer - President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Carle Foundation Hospital get its money?

Of $1.53 billion in revenue in calendar year 2024, 0.8% came from contributions and grants (including 0.4% from government grants) and 99.2% from program service revenue (Form 990, Part VIII).

Is The Carle Foundation Hospital a registered charity?

The IRS lists EIN 37-1119538 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543199349302794 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433209349316493 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349319289 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203199349323060 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349329431 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023219349312787 · read the filing

All filings for EIN 37-1119538: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.