Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,140,009,982 | 1,099,655,037 | 40,354,945 | 3.4 | 39% |
| 2012 | 1,215,247,655 | 1,176,331,724 | 38,915,931 | 3.4 | 39% |
| 2013 | 1,187,781,695 | 1,146,802,287 | 40,979,408 | 4.8 | 40% |
| 2014 | 1,221,052,257 | 1,167,572,527 | 53,479,730 | 4.7 | 41% |
| 2015 | 1,199,615,406 | 1,184,140,140 | 15,475,266 | 4.7 | 42% |
| 2016 | 1,308,427,289 | 1,182,215,389 | 126,211,900 | 4.4 | 43% |
| 2017 | 1,285,998,771 | 1,174,420,156 | 111,578,615 | 6.8 | 46% |
| 2018 | 1,342,181,322 | 1,240,351,510 | 101,829,812 | 6.9 | 42% |
| 2019 | 1,371,273,989 | 1,262,458,651 | 108,815,338 | 6.5 | 40% |
| 2020 | 1,340,944,117 | 1,275,159,443 | 65,784,674 | 4.7 | 37% |
| 2021 | 1,345,891,330 | 1,291,987,435 | 53,903,895 | 6.8 | 37% |
In its most recent public year (2021), this organization brought in $53,903,895 more than it spent. Its reserves stood at about 6.8 months of spending, up from 3.4 in 2011. Staff pay was 37% of spending. $113,819 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 2021. 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
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