Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 303,916,102 | 291,346,873 | 12,569,229 | 3.6 | 37% |
| 2012 | 294,647,066 | 287,864,605 | 6,782,461 | 3.2 | 39% |
| 2013 | 284,172,114 | 282,441,535 | 1,730,579 | 4.6 | 39% |
| 2014 | 286,357,460 | 279,224,867 | 7,132,593 | 3.6 | 40% |
| 2015 | 297,132,216 | 290,482,537 | 6,649,679 | 2.5 | 43% |
| 2016 | 382,863,022 | 349,198,075 | 33,664,947 | -0.6 | 40% |
| 2017 | 417,409,672 | 397,113,712 | 20,295,960 | -10.2 | 40% |
| 2018 | 404,141,880 | 402,121,954 | 2,019,926 | 3.7 | 34% |
| 2019 | 424,758,067 | 388,459,450 | 36,298,617 | 9.0 | 32% |
| 2020 | 440,796,593 | 383,246,413 | 57,550,180 | 7.2 | 29% |
| 2021 | 452,232,274 | 399,208,799 | 53,023,475 | 8.6 | 31% |
In its most recent public year (2021), this organization brought in $53,023,475 more than it spent. Its reserves stood at about 8.6 months of spending, up from 3.6 in 2011. Staff pay was 31% of spending. $2,589,212 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
Corewell Health's IRS filings as a feed — one entry per filing year, through 2021. 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