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.
Poor
⚠ 3-point penalty for stale filing data
How This Organization Compares
Compared to 1225 peers in Health Care with $100M-$1B revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2021 | $131,140,763↑21% | $131,052,118↑16% | $0 | |
| 2020 | $108,793,103↓2% | $112,706,063↓2% | $0 | — |
| 2019 | $110,896,044↑135% | $115,005,105↑23% | $0 | — |
| 2018 | $47,107,871 | $93,508,263 | $0 | — |
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 29/100 (Grade: D). 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 $131.1M in annual revenue and holds $0 in total assets, based on IRS filings.
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