EHealth CareEIN: 382770076· Ruling Year: 2014

Corewell Health

Grand Rapids, Michigan

BHealth Score
62B

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 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.33×
Peer Median8.62×
💰
$58.6M
Total Revenue
📊
$53.3M
Total Expenses
🏦
$17.8M
Net Assets
📋
$10.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.8%
Year-over-year change (2012 → 2013)
Net Margin
+9.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.33
Net assets divided by total expenses
Liabilities-to-Assets
37.8%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2013$58,624,2619%$53,338,1664%$28,563,59322%
2012$53,866,7679%$51,379,9948%$23,492,48214%
2011$49,600,166$47,481,366$20,581,564

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 62/100 (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 $58.6M in annual revenue and holds $28.6M in total assets, based on IRS filings.

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Corewell Health — Grand Rapids, MI | GiveScope