Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,755,801 | 9,254,839 | −499,038 | 3.0 | 58% |
| 2012 | 14,527,796 | 11,704,548 | 2,823,248 | 5.3 | 58% |
| 2013 | 13,747,387 | 12,347,042 | 1,400,345 | 6.4 | 56% |
| 2014 | 15,319,982 | 15,023,780 | 296,202 | 5.5 | 55% |
| 2015 | 12,526,464 | 12,332,786 | 193,678 | 6.9 | 56% |
| 2016 | 16,668,777 | 16,542,843 | 125,934 | 5.3 | 56% |
| 2017 | 16,293,732 | 16,306,529 | −12,797 | 5.2 | 56% |
| 2018 | 17,871,824 | 17,043,097 | 828,727 | 6.2 | 59% |
| 2019 | 5,293,967 | 4,528,304 | 765,663 | 29.4 | 58% |
In its most recent public year (2019), this organization brought in $765,663 more than it spent. Its reserves stood at about 29.4 months of spending, up from 3 in 2011. Staff pay was 58% of spending. $717,484 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