Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 187,236,125 | 185,333,746 | 1,902,379 | 2.0 | 0% |
| 2012 | 200,381,184 | 200,286,795 | 94,389 | 1.8 | 0% |
| 2013 | 224,062,918 | 230,420,944 | −6,358,026 | 1.3 | 0% |
| 2014 | 272,316,975 | 267,288,156 | 5,028,819 | 1.4 | 0% |
| 2015 | 322,450,658 | 316,581,604 | 5,869,054 | 1.6 | 0% |
| 2016 | 284,305,640 | 286,082,847 | −1,777,207 | 2.0 | 0% |
| 2017 | 261,454,242 | 276,875,063 | −15,420,821 | 2.1 | 0% |
| 2018 | 197,885,724 | 191,187,200 | 6,698,524 | 3.2 | 0% |
| 2019 | 191,443,767 | 196,896,679 | −5,452,912 | 2.4 | 0% |
| 2020 | 189,639,296 | 180,622,891 | 9,016,405 | 2.9 | 0% |
| 2021 | 180,321,159 | 158,004,603 | 22,316,556 | 5.0 | 0% |
| 2022 | 355,774 | 1,350,782 | −995,008 | 86.6 | 0% |
| 2023 | 1,278,025 | 2,029 | 1,275,996 | 66456.4 | 0% |
In its most recent public year (2023), this organization brought in $1,275,996 more than it spent. Its reserves stood at about 66456.4 months of spending, up from 2 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
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