Commonwealth Care Alliance Inc: $2.6B Revenue, $2.6B Expenses
Boston, Massachusetts · EIN 043756900 · Filing year 2023
Commonwealth Care Alliance Inc reported $2.6B in total revenue, $2.6B in total expenses, and $1.2B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $6.4M (0.25% of revenue). NonprofitTruth efficiency grade: A (93/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $2.6B
- Total Expenses
- $2.6B
- Total Assets
- $1.2B
- Reserve Months
- 5.6 months
- Surplus / (Deficit)
- $-65,039,823
- EIN
- 043756900
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $6.4M
- Officer Comp % of Revenue
- 0.25%
On the NonprofitTruth efficiency rubric, Commonwealth Care Alliance Inc pulls an A — the highest available grade. The 93/100 composite reflects strong financial reserves, controlled officer compensation, and the kind of multi-year financial discipline that grant-makers look for.
Commonwealth Care Alliance Inc operates at corporate scale — $2.6B 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). Financial health is a strength: Commonwealth Care Alliance Inc carries a healthy operating-reserve cushion against $2.6B in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.
Five-year revenue trajectory is strongly positive: Commonwealth Care Alliance Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is modest relative to organizational size: Commonwealth Care Alliance Inc reports $6.4M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $2.6B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Commonwealth Care Alliance 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.
How Commonwealth Care Alliance Inc Compares
Commonwealth Care Alliance Inc earns a NonprofitTruth efficiency grade of A (93/100). That is 15 points above the Health category average. Compensation for current officers and key employees represents 0.25% of total revenue. The organization holds 5.6 months of operating reserves.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Commonwealth Care Alliance Inc reported $2.6B in revenue against $2.6B in total functional expenses for filing year 2023, holding roughly 5.6 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.
The 990 reports $6.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.25% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Commonwealth Care Alliance Inc has a NonprofitTruth Efficiency Score of A (93/100), 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.
Commonwealth Care Alliance Inc, Donor FAQ
Commonwealth Care Alliance Inc has a NonprofitTruth Efficiency Score of A (93/100), 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.
Commonwealth Care Alliance Inc reports $6.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.25% of the organization's $2.6B in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Commonwealth Care Alliance Inc reported $2.6B in annual revenue and $2.6B in total expenses for filing year 2023. The organization holds $1.2B in total assets.
Commonwealth Care Alliance Inc holds approximately 5.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its A efficiency grade.
Commonwealth Care Alliance Inc is a registered 501(c) organization with EIN 043756900, based in Boston, Massachusetts. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Health Nonprofits
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.