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Indiana · Nonprofit

ELEVANCE HEALTH CARES INC

ELEVANCE HEALTH CARES INC (Indiana) receives grants from 6 organizations whose IRS filings report $3,401,580 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($2,724,111). 2 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.8M
Funders on record
6
Grants received
$3.4M
Net assets
$5.7M
2/6 repeat funderspeak grant-dependency 39%
01What it does

What Elevance Health Cares Inc does

Mission

Elevance Health CARES was created for associates by associates as a way to support them in times of personal hardship and disaster. Elevance Health CARES provides essential assistance during some of life's most challenging moments through several signature programs.

As stated on its FY2024 Form 990.

Program

The elevance health cares fund is an emergency relief fund for employees of elevance health inc. And their spouses or eligible dependents who are in need of financial assistance because of a qualified disaster, personal hardship, or other emergency.

The first program described on its most recent Form 990, which lists programs largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($850k) Expenses 100 ($11k) Net assets 100 ($839k)2019 Revenue 54 ($458k) Expenses 1219 ($130k) Net assets 139 ($1.2M)2020 Revenue 279 ($2.4M) Expenses 3856 ($412k) Net assets 374 ($3.1M)2021 Revenue 168 ($1.4M) Expenses 2760 ($295k) Net assets 511 ($4.3M)2022 Revenue 119 ($1.0M) Expenses 4304 ($460k) Net assets 564 ($4.7M)2023 Revenue 168 ($1.4M) Expenses 9849 ($1.1M) Net assets 620 ($5.2M)2024 Revenue 212 ($1.8M) Expenses 13129 ($1.4M) Net assets 680 ($5.7M)
2018201920202021202220232024
Revenue (212)Expenses (13129)Net assets (680)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 2019 to 2020, from $1.2M to $3.2M (+171%).

$839k
$1.2M
$3.2M
$4.3M
$4.8M
$5.3M
$5.8M
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

87% of ELEVANCE HEALTH CARES INC’s revenue is contributions — more donation-reliant than the typical peer (69% for the typical peer).

This organization
Typical peer · 852 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$839k
’18
$328k
’19
$2.0M
’20
$1.1M
’21
$555k
’22
$378k
’23
$395k
’24
19
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.

201820192020202120222024
Listed91010111110
Joined·+2+0+2+3·
No longer listed·1013·
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $75k → $343k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 87% 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 ELEVANCE HEALTH CARES INC’s funders (the co-funder graph). Top 5 of 6 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.

How concentrated its funding is

ELEVANCE HEALTH CARES INC leans on a few funders — its largest provides 80% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

90% 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 ELEVANCE HEALTH CARES INC.

80%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 57% · 2021 99% · 2022 100% · 2023 100% — broadly stable.

“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

87% of ELEVANCE HEALTH CARES INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $444k that is directly attributable, 74% of it comes from Indiana funders.

IN
OH
MO

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

’18
’19
’21
Indiana out of state home

Funder states come from each funder’s own filing. $3.0M 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.

04Its place in the field

Against its field

ELEVANCE HEALTH CARES INC holds deeper cash reserves than three-quarters of the 804 public safety & disaster nonprofits its size.

Operating margin22% · above the median
Months of reserve19.2mo · top quartile
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 804 public safety & disaster nonprofits $1M–$10M, FY2024

Organizations like ELEVANCE HEALTH CARES 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 Indiana

Nationally

05Profile & governance

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

Where the money goes

89% of spending goes to programs.

Program 89%Management 6%Fundraising 5%

Governance

4
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

46%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Elevance Health Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ELEVANCE HEALTH CARES 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.

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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 ELEVANCE HEALTH CARES INC?
ELEVANCE HEALTH CARES INC (Indiana) receives grants from 6 organizations whose IRS filings report $3,401,580 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($2,724,111). 2 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ELEVANCE HEALTH CARES INC have?
IRS filings report 6 organizations giving $3,401,580 in grants to ELEVANCE HEALTH CARES INC, 2 of which have funded it in more than one year.
Who is the largest funder of ELEVANCE HEALTH CARES INC?
AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $2,724,111 in grants. The full list of funders is on this page.
How can an organization like ELEVANCE HEALTH CARES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 2018–2024), and the filings of 6 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