Is Corewell Health Efficient?
Corewell Health has an Efficiency Score of 87/100 (A), spending 78% of revenue on programs. CEO compensation: $0.
This page answers a common question about U.S. nonprofit financial efficiency: Is Corewell Health Efficient?. The answer below pulls directly from IRS Form 990 filings — the public-disclosure document every U.S. tax-exempt organization must file annually — and the LakeQuality efficiency rubric that combines program-spending, executive-compensation, and financial-stability factors into a single grade. Why this matters: every U.S. taxpayer subsidizes the nonprofit sector indirectly — donations are tax-deductible, nonprofit income is exempt, and many nonprofit employees benefit from sector-specific tax provisions. The public-disclosure regime exists specifically to give donors and policy-makers the data they need to judge whether the subsidy is well-spent on a given organization.
The detailed answer below uses the actual Form 990 numbers, explains how to read them, and translates the technical accounting into the donor-relevant version of the question.
Corewell Health is a health nonprofit based in Grand Rapids, Michigan with IRS EIN 381459362. According to its Form 990 filing for tax year 2021, the organization reported $2.9B in total revenue, $2.8B in total expenses, and $4.5B in net assets.
Of total expenses, 78% ($2.2B) went directly to programs — the core mission work. The remainder covers administrative overhead, fundraising, and other operating costs. This program ratio falls within the typical range for established nonprofits.
CEO compensation at Corewell Health was $0 in 2021, representing approximately 0.0 basis points (0.00%) of total revenue. Our Efficiency Score of 87/100 weights program spending ratio (50%), revenue growth consistency (20%), fund reserves (20%), and CEO compensation ratio (10%), producing a grade of A.
Key Data
| Metric | Value |
|---|---|
| Efficiency Score | 87/100 (A) |
| Program Spending Ratio | 78% |
| Total Revenue | $2.9B |
| Total Expenses | $2.8B |
| CEO Compensation | $0 |
| Category | Health |
Other Health Nonprofits
Frequently Asked Questions
Corewell Health has an Efficiency Score of 87/100 (A), spending 78% of revenue on programs. CEO compensation: $0.
Corewell Health spent $2.2B on programs in 2021, representing 78% of total expenses.
The CEO of Corewell Health received $0 in reported compensation for tax year 2021, according to IRS Form 990.
Corewell Health reported $2.9B in total revenue for tax year 2021, with $4.5B in net assets.
Our Efficiency Score weights four factors from IRS 990 data: program spending ratio (50%), revenue growth consistency (20%), fund reserves (20%), and CEO compensation ratio (10%). Corewell Health scored 87/100 (grade A).
Corewell Health has an Efficiency Score of 87/100 (A), spending 78% of revenue on programs. CEO compensation: $0.