Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 37,229,701 | 31,720,002 | 5,509,699 | 12.4 | 44% |
| 2012 | 35,920,417 | 32,439,472 | 3,480,945 | 14.2 | 44% |
| 2013 | 35,883,877 | 32,567,379 | 3,316,498 | 16.6 | 43% |
| 2014 | 37,423,139 | 33,260,681 | 4,162,458 | 17.2 | 43% |
| 2015 | 35,686,964 | 32,571,134 | 3,115,830 | 18.4 | 42% |
| 2016 | 38,154,753 | 33,279,792 | 4,874,961 | 19.7 | 35% |
| 2017 | 37,217,578 | 33,619,317 | 3,598,261 | 22.3 | 36% |
| 2018 | 32,097,556 | 33,145,051 | −1,047,495 | 21.0 | 37% |
| 2019 | 34,338,494 | 33,162,095 | 1,176,399 | 23.1 | 31% |
| 2020 | 28,008,850 | 25,969,378 | 2,039,472 | 32.2 | 30% |
| 2021 | 23,683,241 | 22,899,977 | 783,264 | 38.9 | 0% |
| 2022 | 17,548,575 | 21,123,809 | −3,575,234 | 31.5 | 0% |
In its most recent public year (2022), this organization spent $3,575,234 more than it brought in. Its reserves stood at about 31.5 months of spending, up from 12.4 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 2022. 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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