Philanthropy & Grantmaking
(T20)
IRS Verified
DX Registered
990 on File
INDEPENDENCE BLUE CROSS FOUNDATION
Financial strength (30%)
61/100
Reliability (20%)
50/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$4.5M
Total Revenue
$10.7M
Total Expenses
$130.0M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
96.8%
Fundraising Efficiency
N/A
Operating Reserve
146.22x
Liability-to-Asset
0.5%
Revenue Diversification
63.2%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 923 similar organizations
(United States, Philanthropy & Grantmaking, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
96.8% | 91.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
146.2 mo | 70.2 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.5% | 2.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.2% | 88.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-71.1% | 17.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.3% | 10.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-137.7% | 6.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.5M | $10.7M | $130.0M | 96.8% | — |
| 2023 | $15.5M | $10.4M | $130.0M | 102.3% | — |
| 2022 | $1.0M | $12.9M | $117.2M | 96.9% | — |
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