Massachusetts · Nonprofit
COSTS OF CARE INC
COSTS OF CARE INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $303,100 to it, the largest being ABIM FOUNDATION ($175,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $324k
- Funders on record
- 4
- Grants received
- $303k
- Net assets
- $195k
What Costs of Care Inc does
Mission
Costs of care is dedicated to cultivating change agents who will lead the creation of a more affordable and equitable health system.
As stated on its FY2025 Form 990.
Programs
On its FY2025 return the organization reported starting a significant new program.
Hosted a 1-day, in-person stars faculty leadership summit (part of our dedicated fy2025 grant funding from the laura and john arnold foundation).
Its own explanation, from Schedule O of that return (Part III, line 2).
The stars (students and trainees advocating for resource stewardship) program catalyzes grassroots, student-led initiatives to advance health care value in medical education. The program has grown and now includes more than 800 medical student participants from more than 55 different medical schools engaged in a longitudinal learning collaborative. The stars program provides both students and faculty opportunities to "lead from where you stand and advance high-value care education and implementation, supporting their own career development and futhering our shared mission to provide the best care at lower costs for patients. The stars 2025 cohort consisted of over 100 students and 39 faculty representing 28 medical schools throughout the united states. Costs of care also received dedicated grant funding to advance our innovative and influential stars program. Learn more at stars.costsofcare.org.
$97,539 spentof which $5,230 as grants82% of program spendingAffordability moonshot: the affordability moonshot is a movement to improve patient affordability so that no one should have to choose between their life and their life savings. We are informed by outputs from our previous affordability accelerator, which convened influential experts and stakeholders to work together on developing and disseminating the most promising high-impact and sustainable interventions to improve patient affordability. We utilize our outputs to continue to cultivate change agents who will lead the creation of a more affordable and equitable health system. Our moonshot work includes costs of care fellowships for healthcare providers interested in working with national leaders to promote discussion, training, and dissemination efforts to improve the delivery of more affordable and value-based healthcare. The 2025 fellowship cycle provided 2 such healthcare providers the opportunity to work closely with the costs of care team to move forward research related to high-value care and affordability. Recruitment for the 2026 fellowship cycle will see 1-2 such health care providers interested in moving forward high-value care and affordability in any medical…
$21,325 spent18% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $118,864.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $70k to $195k (+180%).
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.
100% of COSTS OF CARE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.
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
Chris Moriates Md
Executive director
Board chair
Vineet Arora
Chairperson
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $50k → $97k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of COSTS OF CARE INC’s funders (the co-funder graph). 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.
How concentrated its funding is
COSTS OF CARE INC leans on a few funders — its largest provides 58% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COSTS OF CARE INC.
Largest funder’s share by year: 2018 100% · 2020 100% · 2021 100% · 2022 100% · 2023 90% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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
COSTS OF CARE INC draws 100% of its grant income from funders outside Massachusetts, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $30k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
COSTS OF CARE INC runs a healthier operating margin than three-quarters of the 7,883 health nonprofits its size.
this organization peer median middle 50% of peers· 7,883 health nonprofits $100k–$1M, FY2025
Organizations like COSTS OF CARE INC
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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
60% of spending goes to programs.
Governance
Public support
51%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for COSTS OF CARE INC: 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.
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 COSTS OF CARE INC?
- COSTS OF CARE INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $303,100 to it, the largest being ABIM FOUNDATION ($175,000). 2 of them have funded it in more than one year.
- How many funders does COSTS OF CARE INC have?
- IRS filings report 4 organizations giving $303,100 in grants to COSTS OF CARE INC, 2 of which have funded it in more than one year.
- Who is the largest funder of COSTS OF CARE INC?
- ABIM FOUNDATION is the largest funder on record, with $175,000 in grants. The full list of funders is on this page.
- How can an organization like COSTS OF CARE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Costs of Care →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 4 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