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.
Good
⚠ 8-point penalty for stale filing data
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2013 | $23,300,120↑26% | $16,792,250↑7% | $104,198,030↑13% | |
| 2012 | $18,487,311↓29% | $15,728,185↓40% | $91,932,696↑2% | — |
| 2011 | $25,887,758 | $26,287,094 | $90,436,320 | — |
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 65/100 (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 $65.2M in annual revenue and holds $352.0M in total assets, based on IRS filings.
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