Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,186,600 | 918,402 | 268,198 | 2.9 | 0% |
| 2012 | 1,225,250 | 996,120 | 229,130 | 3.3 | 0% |
| 2013 | 1,120,500 | 911,637 | 208,863 | 6.3 | 0% |
| 2014 | 1,275,405 | 1,031,684 | 243,721 | 8.4 | 0% |
| 2015 | 1,435,580 | 1,133,012 | 302,568 | 8.2 | 0% |
| 2016 | 2,822,910 | 1,989,465 | 833,445 | 9.7 | 0% |
| 2017 | 3,081,012 | 2,322,046 | 758,966 | 12.2 | 0% |
| 2018 | 3,994,601 | 2,962,164 | 1,032,437 | 13.8 | 0% |
| 2019 | 4,777,215 | 3,619,271 | 1,157,944 | 15.1 | 0% |
| 2020 | 4,914,313 | 4,096,042 | 818,271 | 15.7 | 0% |
| 2021 | 6,599,660 | 4,907,977 | 1,691,683 | 17.3 | 0% |
| 2022 | 8,200,238 | 5,056,960 | 3,143,278 | 24.4 | 0% |
| 2023 | 8,970,718 | 7,389,043 | 1,581,675 | 19.3 | 0% |
In its most recent public year (2023), this organization brought in $1,581,675 more than it spent. Its reserves stood at about 19.3 months of spending, up from 2.9 in 2011. 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