Carequest Institute for Oral Health
Boston, MA 02129 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $297,919,860 | $42,726,066 | $2,586,223,478 |
| FY2023 | $275,188,868 | $39,594,963 | $2,337,668,451 |
| FY2022 | $1,200,710,162 | $44,746,411 | $2,087,393,734 |
| FY2021 | $52,496,525 | $38,960,217 | $926,790,298 |
| FY2020 | $30,656,430 | $29,238,970 | $812,004,115 |
| FY2019 | $5,227,178 | $15,673,556 | $736,644,030 |
| FY2018 | $246,528 | $10,700,427 | $670,442,863 |
Form 990 filings
The returns filed by Carequest Institute for Oral Health (EIN 38-4016550), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $4,503,745 | 2% |
| Other revenue | $293,416,115 | 98% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $24,484,143 | 57% |
| Management & general | $18,241,923 | 43% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 98% of total revenue in FY2024.
- Program services accounted for 57% of functional expenses, management & general 43%, and fundraising 0%.
- 57% of functional expenses went to program services in FY2024. That is higher than 4.5% of 176 Health Care organizations in MA.
- Net assets covered about 726.4 months of expenses at the end of the reporting year. That puts it in the 97th percentile among 620 Health Care organizations in MA.
- Total revenue was higher than 94.3% of 651 Health Care organizations in MA.
- Total revenue rose from $246,528 in FY2018 to $297,919,860 in FY2024. Revenue increased in 5 and decreased in 1 of 6 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 7 reported years (FY2018, FY2019).
- The highest revenue on record here is $1,200,710,162 in FY2022.
- Net assets grew from $670,442,863 to $2,586,223,478 between FY2018 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO IMPROVE THE ORAL HEALTH OF ALL.
IRS status
| Ruling year | 2017 |
| Subsection | 501(c)(4) |
| Program area (NTEE) | E60 — Health Care (in MA) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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