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Virginia · Nonprofit

UCARE FOUNDATION

UCARE FOUNDATION (Virginia) receives grants from 2 organizations whose IRS filings report $212,912,597 to it, the largest being UCare Minnesota ($112,912,597). 1 of them have funded it in more than one year.

$1.6M
Revenue FY2025
2
Funders on record
$213M
Grants received
$11M
Net assets
1/2 repeat fundersgrants exceed reported revenue in one year

Against its field

UCARE FOUNDATION runs a healthier operating margin than three-quarters of the 3,968 health nonprofits its size.

Operating margin67% · top quartile
Months of reserve184.8mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 3,968 health nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($1.2M) Expenses 100 ($165k) Net assets 100 ($4.4M)2018 Revenue 64 ($746k) Expenses 239 ($395k) Net assets 101 ($4.5M)2019 Revenue 45 ($518k) Expenses 896 ($1.5M) Net assets 85 ($3.8M)2020 Revenue 103 ($1.2M) Expenses 836 ($1.4M) Net assets 83 ($3.7M)2021 Revenue 203 ($2.4M) Expenses 779 ($1.3M) Net assets 110 ($4.9M)2022 Revenue 2440 ($28M) Expenses 728 ($1.2M) Net assets 707 ($31M)2023 Revenue 7111 ($83M) Expenses 62605 ($103M) Net assets 241 ($11M)2024 Revenue 273 ($3.2M) Expenses 2310 ($3.8M) Net assets 227 ($10M)2025 Revenue 137 ($1.6M) Expenses 315 ($521k) Net assets 253 ($11M)
'17'18'19'20'21'22'23'24'25
Revenue (137)Expenses (315)Net assets (253)Peer revenue range

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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1%. Grants only. Government contracts and fees sit inside program revenue.

0% of UCARE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,590 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$995k
17
$351k
18
$961k
19
$181k
20
$1.1M
21
$27M
22
$21M
23
$648k
24
$1.1M
25
185
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $1.0M → $180M.

Funder
'17
'18
'19
'20
'21
'22
'23
total
funders
1
1
1
1
1
1
2

From the IRS filings of UCARE FOUNDATION’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

UCARE FOUNDATION leans on a few funders — its largest provides 53% of grant income and the top three 100%; half comes from just 1 funder.

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

53%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 56%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of UCARE FOUNDATION's grant income comes from Virginia funders.

VA

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

17
18
19
20
21
22
23
Virginia out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

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.

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.

Organizations like UCARE FOUNDATION

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.

In Virginia

Nationally

04Profile & governance

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

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

1
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Part of a family of 5 related entities

  • Ucare Minnesota · exempt
  • Ucare Health Inc · exempt
  • Ucare Iowa · exempt
  • Ucare Kansas · exempt
  • Ucare Community Health Plan · exempt

Screen this organization

A dated, signed PDF of the compliance screen for UCARE FOUNDATION: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds UCARE FOUNDATION?
UCARE FOUNDATION (Virginia) receives grants from 2 organizations whose IRS filings report $212,912,597 to it, the largest being UCare Minnesota ($112,912,597). 1 of them have funded it in more than one year.
How many funders does UCARE FOUNDATION have?
IRS filings report 2 organizations giving $212,912,597 in grants to UCARE FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of UCARE FOUNDATION?
UCare Minnesota is the largest funder on record, with $112,912,597 in grants. The full list of funders is on this page.
How can an organization like UCARE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 FY2025 (financials across 2017–2025), and the filings of 2funders 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. What this page cannot tell you · view filing