Corewell Health
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
⚠ 8-point penalty for stale filing data
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2019 | $1,608,479↓2% | $990,120↓45% | $22,716,545↑5% | |
| 2019 | $1,643,785 | $1,785,561↓29% | $21,659,521↑7% | |
| 2018 | $1,640,652↓68% | $2,508,887↓27% | $20,148,865↓2% | — |
| 2017 | $5,070,030↑192% | $3,421,560↑102% | $20,508,537↑10% | — |
| 2016 | $1,738,349↑17% | $1,693,386↓14% | $18,637,915↑7% | — |
| 2015 | $1,483,675↓89% | $1,977,974↑68% | $17,500,032↓5% | — |
| 2014 | $13,092,625↑346% | $1,175,467↓76% | $18,449,136↑153% | — |
| 2013 | $2,934,768↑8% | $4,806,869↑121% | $7,284,238↓1% | — |
| 2012 | $2,717,849↑54% | $2,176,801↓11% | $7,371,735 | — |
| 2011 | $1,759,382 | $2,446,038 | $7,400,698 | — |
Frequently Asked Questions
What does Corewell Health do?▼
Corewell Health is a health care nonprofit organization based in Michigan. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Corewell Health financially healthy?▼
Based on our 9-metric Financial Health Score model, Corewell Health has a score of 57/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Corewell Health generate?▼
Corewell Health reports $7.0M in annual revenue and holds $35.8M in total assets, based on IRS filings.
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