Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,759,382 | 2,446,038 | −686,656 | 31.5 | 0% |
| 2012 | 2,717,849 | 2,176,801 | 541,048 | 40.6 | 0% |
| 2013 | 2,934,768 | 4,806,869 | −1,872,101 | 14.4 | 0% |
| 2014 | 13,092,625 | 1,175,467 | 11,917,158 | 181.5 | 0% |
| 2015 | 1,483,675 | 1,977,974 | −494,299 | 103.7 | 0% |
| 2016 | 1,738,349 | 1,693,386 | 44,963 | 127.3 | 0% |
| 2017 | 5,070,030 | 3,421,560 | 1,648,470 | 70.7 | 0% |
| 2018 | 1,640,652 | 2,508,887 | −868,235 | 94.5 | 0% |
| 2019 | 1,608,479 | 990,120 | 618,359 | 268.0 | 0% |
In its most recent public year (2019), this organization brought in $618,359 more than it spent. Its reserves stood at about 268 months of spending, up from 31.5 in 2011. Staff pay was 0% of spending. $14,895,227 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
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