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 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 | $58,624,261↑9% | $53,338,166↑4% | $28,563,593↑22% | |
| 2012 | $53,866,767↑9% | $51,379,994↑8% | $23,492,482↑14% | — |
| 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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