TPhilanthropy, Voluntarism & GrantmakingEIN: 352122763· Ruling Year: 2002

Elevance Health Foundation Inc

Indianapolis, Indiana

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.60×
Peer Median18.82×
💰
$53.9M
Total Revenue
📊
$28.7M
Total Expenses
🏦
$132.0M
Net Assets
📋
$28.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+149.9%
Year-over-year change (2022 → 2023)
Net Margin
+46.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.60
Net assets divided by total expenses
Liabilities-to-Assets
17.9%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$53,899,936150%$28,670,03741%$160,795,19526%
2022$21,565,39515%$48,783,46546%$127,631,23717%
2021$25,472,78267%$33,345,2686%$153,394,0914%
2020$76,955,224562%$31,518,433275%$147,178,08138%
2019$11,622,726115%$8,399,87421%$106,324,12111%
2015$5,399,97833%$10,687,37260%$119,119,67112%
2014$8,096,09646%$26,882,59191%$135,544,4544%
2013$14,994,672243%$14,082,95265%$140,515,99514%
2012$4,371,67729%$8,548,58136%$123,585,8915%
2011$3,396,777$13,409,871$117,269,801

Frequently Asked Questions

What does Elevance Health Foundation Inc do?

Elevance Health Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Indiana. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Elevance Health Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Elevance Health Foundation Inc has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Elevance Health Foundation Inc generate?

Revenue data for Elevance Health Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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