Careoregon Inc: $2.5B Revenue, $2.4B Expenses

Careoregon Inc earns an A on the NonprofitTruth efficiency rubric — a top-tier rating that reflects healthy operating reserves, reasonable officer compensation, and steady multi-year revenue. The composite score of 86/100 places it in the upper bracket of U.S. tax-exempt organizations.

On revenue, Careoregon Inc is among the largest U.S. nonprofits: $2.5B in 2023 reported revenue. Organizations at this scale typically operate hospitals, university systems, or national federations — the financial pattern looks more like a corporation than the small-charity stereotype. On the reserves factor, Careoregon Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Careoregon Inc reported $2.5B in 2023, up notably from the start of the window. Officer compensation is modest relative to organizational size: Careoregon Inc reports $4.0M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $2.5B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Careoregon Inc is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.