Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 188,316,299 | 182,739,026 | 5,577,273 | 1.7 | 3% |
| 2012 | 192,751,767 | 188,720,177 | 4,031,590 | 1.9 | 3% |
| 2013 | 232,050,298 | 232,151,172 | −100,874 | 1.5 | 2% |
| 2014 | 341,724,157 | 341,520,771 | 203,386 | 1.0 | 2% |
| 2015 | 452,764,916 | 437,600,022 | 15,164,894 | 1.2 | 1% |
| 2016 | 486,906,558 | 476,368,867 | 10,537,691 | 1.4 | 2% |
| 2017 | 519,471,735 | 506,687,447 | 12,784,288 | 1.6 | 1% |
| 2018 | 399,207,873 | 390,482,217 | 8,725,656 | 2.3 | 2% |
| 2019 | 475,831,169 | 437,692,208 | 38,138,961 | 3.2 | 2% |
| 2020 | 551,931,916 | 518,852,963 | 33,078,953 | 3.6 | 2% |
| 2021 | 855,732,086 | 795,289,136 | 60,442,950 | 3.2 | 2% |
| 2022 | 1,167,137,535 | 1,101,244,628 | 65,892,907 | 2.5 | 2% |
| 2023 | 1,288,103,694 | 1,225,806,259 | 62,297,435 | 2.3 | 0% |
In its most recent public year (2023), this organization brought in $62,297,435 more than it spent. Its reserves stood at about 2.3 months of spending. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Corewell Health's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works