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Education · 2023 Form 990

Boehringer Ingelheim Cares Foundation Inc: $1.3B Revenue, $1.3B Expenses

Ridgefield, Connecticut · EIN 311810072 · Filing year 2023

Boehringer Ingelheim Cares Foundation Inc reported $1.3B in total revenue, $1.3B in total expenses, and $193.1M in total assets on its 2023 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: C (60/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
60/100

Key Facts (2023 Form 990)

Total Revenue
$1.3B
Total Expenses
$1.3B
Total Assets
$193.1M
Reserve Months
1.8 months
Surplus / (Deficit)
$34.3M
EIN
311810072
Latest 990 Year
2023
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

Boehringer Ingelheim Cares Foundation Inc earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 60/100.

Boehringer Ingelheim Cares Foundation Inc operates at corporate scale — $1.3B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). On the financial-health factor, Boehringer Ingelheim Cares Foundation Inc runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Five-year revenue trajectory is strongly positive: Boehringer Ingelheim Cares Foundation Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Boehringer Ingelheim Cares Foundation Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$1.3B
Revenue
$1.3B
Expenses
$193.1M
Total Assets
N/A
Officer Compensation

How Boehringer Ingelheim Cares Foundation Inc Compares

Boehringer Ingelheim Cares Foundation Inc earns a NonprofitTruth efficiency grade of C (60/100). That is 4 points below the Education category average. The organization holds 1.8 months of operating reserves, which is below the commonly recommended 3-month minimum.

Financials

990 Financial Snapshot

$1.3B
Total Expenses
Filing year 2023
Not reported
Officer Compensation
on this 990
1.8 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Boehringer Ingelheim Cares Foundation Inc reported $1.3B in revenue against $1.3B in total functional expenses for filing year 2023, holding roughly 1.8 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

Trend

Revenue History

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Boehringer Ingelheim Cares Foundation Inc has a NonprofitTruth Efficiency Score of C (60/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Boehringer Ingelheim Cares Foundation Inc, Donor FAQ

Boehringer Ingelheim Cares Foundation Inc has a NonprofitTruth Efficiency Score of C (60/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Current-officer compensation for Boehringer Ingelheim Cares Foundation Inc is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

Boehringer Ingelheim Cares Foundation Inc reported $1.3B in annual revenue and $1.3B in total expenses for filing year 2023. The organization holds $193.1M in total assets.

Boehringer Ingelheim Cares Foundation Inc holds approximately 1.8 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Boehringer Ingelheim Cares Foundation Inc is a registered 501(c) organization with EIN 311810072, based in Ridgefield, Connecticut. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.