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Health Care (E60) 990 on File

TEVA CARES FOUNDATION

EIN: 26-3977456 · PARSIPPANY, NJ 07054-1120 · United States · FY 2024 Data
3 out of 5 44 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$288.8M
Total Revenue
$175.8M
Total Expenses
$116.3M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 97.9%
Fundraising Efficiency N/A
Operating Reserve 7.94x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over 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
97.9% 87.7%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
7.9 mo 6.1 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 44.5%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 96.4%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
1538.9% 9.1%
P10P90
Expense growth
Year over year expense growth
712.8% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
39.1% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $288.8M $175.8M $116.3M 97.9% —
2023 $17.6M $21.6M $3.3M 96.1% —
2022 $35.5M $32.6M $7.3M 97.6% —
2021 $27.5M $28.7M $4.5M 99.4% —
2020 $31.5M $30.5M $4.5M 90.8% —
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Organization Details
EIN
26-3977456
State
NJ
City
PARSIPPANY
ZIP
07054-1120
Classification
E60
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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