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Indiana · Nonprofit
HEALTHNET INC (Indiana) is funded by 24 grantmakers whose IRS filings report $19,710,898 in grants to it, the largest being Indiana University Health Inc ($10,646,216). 13 of them have funded it in more than one year.
Against its field
HEALTHNET INC is funded by 24 grantmakers reporting $19.7M in grants to it.
this organization peer median middle 50% of peers· 3,322 health nonprofits $10M–$100M, FY2024
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
28% of HEALTHNET INC’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
$5k from 1 funders in 2025, up from $1.7M and 3 in 2017.
6 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 HEALTHNET INC’s funders (the co-funder graph). Top 23 of 24 funders by total. Association, not causation.
HEALTHNET INC leans on a few funders — its largest provides 54% of grant income and the top three 82%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 82% · 2018 74% · 2019 76% · 2020 73% · 2021 53% · 2022 34% · 2023 28% · 2024 44% · 2025 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
35% of HEALTHNET INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year.
HEALTHNET INC is locally rooted: 91% of its grant income comes from Indiana funders.
In-state vs out-of-state, by year
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 24 funders put you typical among the 400 organizations that share them.
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $21k on record.
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
Read directly from this organization’s own Form 990, as neutral context.
81% of spending goes to programs.
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Operates in 1 state
Part of a family of 1 related entity
Every figure is 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 24funders 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. view filing