Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,184,922 | 28,643,030 | 10,541,892 | 7.2 | 40% |
| 2012 | 28,417,044 | 28,151,559 | 265,485 | 7.5 | 41% |
| 2013 | 30,033,443 | 28,933,758 | 1,099,685 | 7.9 | 40% |
| 2014 | 37,211,679 | 36,388,186 | 823,493 | 7.0 | 41% |
| 2015 | 38,372,937 | 37,162,945 | 1,209,992 | 7.2 | 41% |
| 2016 | 37,562,458 | 39,234,479 | −1,672,021 | 6.3 | 42% |
| 2017 | 40,556,251 | 40,442,426 | 113,825 | 6.6 | 44% |
| 2018 | 44,133,575 | 42,611,054 | 1,522,521 | 6.7 | 44% |
| 2019 | 12,221,402 | 11,220,341 | 1,001,061 | 29.5 | 48% |
In its most recent public year (2019), this organization brought in $1,001,061 more than it spent. Its reserves stood at about 29.5 months of spending, up from 7.2 in 2011. Staff pay was 48% of spending. $1,615,289 of its net assets are donor-restricted.
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 2019. 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 2019. 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