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Ohio · Nonprofit

CareSource

CareSource (Ohio) receives grants from 2 organizations whose IRS filings report $93,790 to it, the largest being ASPYR ($93,790). 1 of them have funded it in more than one year.

Revenue FY2024
$1.5B
Funders on record
2
Grants received
$94k
Net assets
$2.3B
1/2 repeat funderspeak grant-dependency 0%
01What it does

What CareSource does

Mission

CareSource ("the Company") is a nonprofit organization operating in Ohio. The Company was formed as a supporting organization, to act for the benefit of, and to carry out, the exempt purposes of its nonprofit, tax-exempt affiliates. (Continued on Schedule O)

As stated on its FY2024 Form 990.

Program

  1. CareSource, as a supporting organization under section 509(a)(3) of the Internal Revenue Code, provides strategic oversight to its supported organizations, CareSource Ohio, Inc., CareSource Indiana, Inc., CareSource Kentucky Co, CareSource Georgia Co., CareSource West Virginia Co., and CareSource Life Services Co. (The "CareSource Public Charities"). These supported organizations are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. (Continued on Schedule O)

    $1,380,461,409 spentof which $15,754,915 as grants$1,274,101,037 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,380,461,409.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.5B) Expenses 100 ($1.5B) Net assets 100 ($326M)2018 Revenue 109 ($1.6B) Expenses 113 ($1.7B) Net assets 83 ($271M)2019 Revenue 115 ($1.7B) Expenses 117 ($1.7B) Net assets 79 ($258M)2020 Revenue 76 ($1.1B) Expenses 69 ($1.0B) Net assets 108 ($351M)2021 Revenue 67 ($996M) Expenses 57 ($844M) Net assets 125 ($408M)2022 Revenue 24 ($361M) Expenses 2 ($29M) Net assets 226 ($737M)2023 Revenue 172 ($2.5B) Expenses 94 ($1.4B) Net assets 899 ($2.9B)2024 Revenue 103 ($1.5B) Expenses 86 ($1.3B) Net assets 704 ($2.3B)
'17'18'19'20'21'22'23'24
Revenue (103)Expenses (86)Net assets (704)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.0B to $3.5B (+250%).

$785M
$926M
$819M
$897M
$699M
$1.0B
$3.5B
$2.8B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of CareSource’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$5.0M
’17
−$52M
’18
−$13M
’19
$111M
’20
$152M
’21
$332M
’22
$1.2B
’23
$242M
’24
3.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Erhardt Preitauer

President & CEO, Director

Board chair

Anthony Principi

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2025292527272424
Joined·+9+11+4+6+6+3+5
No longer listed·4784665
03Who funds it

Who funds it, year by year

2018 → 2019: the base held at 1 funder, grant income rose $30k → $63k.

Funder
'18
'19
'25*
total
Aspyrunclassified
$94k
funders
1
1
1

Left out of every figure on this page: $2.3M from 2 payers (the payer shares this organization's board, largest Jobsohio). These are real filings, and they are not money CareSource raised.

From the IRS filings of CareSource’s funders (the co-funder graph). Top 1 of 2 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of CareSource's grant income comes from Ohio funders.

OH

In-state vs out-of-state, by year

’18
’19
Ohio out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CareSource runs a healthier operating margin than three-quarters of the 2,075 health nonprofits its size.

Operating margin16% · top quartile
Months of reserve3.9mo · top quartile
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Organizations like CareSource

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

9
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

OH

Part of a family of 46 related entities

  • ImagineCare LLC · disregarded
  • CareSource Military & Veterans Holding · disregarded
  • CareSource Management Services LLC · disregarded
  • CareSource Rx Innovations LLC (Dissolved 101824) · disregarded
  • Gem City Reinsurance LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for CareSource: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CareSource?
CareSource (Ohio) receives grants from 2 organizations whose IRS filings report $93,790 to it, the largest being ASPYR ($93,790). 1 of them have funded it in more than one year.
How many funders does CareSource have?
IRS filings report 2 organizations giving $93,790 in grants to CareSource, 1 of which have funded it in more than one year.
Who is the largest funder of CareSource?
ASPYR is the largest funder on record, with $93,790 in grants. The full list of funders is on this page.
How can an organization like CareSource find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing