Caresource Kentucky Co
101 Enterprise Dr, Frankfort, KY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $172,763,439 | $205,650,930 | -$4,184,719 |
| FY2023 | $188,297,102 | $184,767,394 | $28,708,292 |
| FY2022 | $233,440,176 | $237,898,173 | $25,157,598 |
| FY2021 | $313,174,321 | $295,814,892 | $29,615,497 |
| FY2020 | $254,549,061 | $244,062,173 | $30,256,068 |
| FY2019 | $237,068,323 | $211,848,520 | $29,769,180 |
| FY2018 | $278,110,590 | $277,729,119 | $19,549,377 |
| FY2017 | $102,086,373 | $108,555,829 | $19,167,906 |
| FY2016 | $31,761,516 | $40,447,875 | $9,137,362 |
| FY2015 | $9,995,816 | $14,089,439 | $5,823,721 |
| FY2014 | $0 | $332,656 | $3,667,344 |
Form 990 filings
The returns filed by Caresource Kentucky Co (EIN 46-4991603), 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 | $170,969,765 | 99% |
| Other revenue | $1,793,674 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $183,854,450 | 89% |
| Management & general | $21,796,480 | 11% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 89% of functional expenses, management & general 11%, and fundraising 0%.
- 89% of functional expenses went to program services in FY2024. That is higher than 73.1% of 78 Health Care organizations in KY.
- Net assets covered about -0.2 months of expenses at the end of the reporting year. That puts it in the 9th percentile among 289 Health Care organizations in KY.
- Total revenue was higher than 93% of 299 Health Care organizations in KY.
- Total revenue rose from $0 in FY2014 to $172,763,439 in FY2024. Revenue increased in 6 and decreased in 4 of 10 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 11 reported years (FY2014, FY2015, FY2016, FY2017, FY2022, FY2024).
- The highest revenue on record here is $313,174,321 in FY2021.
- Net assets declined from $3,667,344 to -$4,184,719 between FY2014 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
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 make a lasting difference in our members' lives by improving their health and well-being. CareSource Kentucky Co. is a nonprofit HMO licensed by the state of Kentucky.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E21 — Health Care (in KY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Methodist Health Inc — Henderson, KY · $182,153,914
- Norton - Kings Daughters Health Inc — Louisville, KY · $151,111,335
- Commonwealth Health Corporation Inc — Bowling Green, KY · $195,749,163
- Arh Mary Breckinridge Health Services Inc — Lexington, KY · $137,574,032
- Cumberland Family Medical Center Inc — Burkesville, KY · $120,601,171
- Owensboro Health Medical Group Inc — Owensboro, KY · $120,382,638
- Jennie Stuart Medical Center Inc — Hopkinsville, KY · $234,294,141
- Harrison Memorial Hospital — Cynthiana, KY · $109,413,155
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.