Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,868,373,524 | 1,834,777,716 | 33,595,808 | 1.5 | 5% |
| 2012 | 1,937,631,392 | 1,878,070,968 | 59,560,424 | 2.0 | 5% |
| 2013 | 1,878,694,763 | 1,820,183,885 | 58,510,878 | 2.6 | 4% |
| 2014 | 1,994,810,250 | 1,903,436,865 | 91,373,385 | 3.0 | 4% |
| 2015 | 2,219,948,393 | 2,128,505,718 | 91,442,675 | 3.0 | 4% |
| 2016 | 2,682,911,106 | 2,631,761,473 | 51,149,633 | 2.6 | 4% |
| 2017 | 3,035,414,352 | 2,956,027,143 | 79,387,209 | 2.7 | 4% |
| 2018 | 3,203,751,498 | 3,079,853,067 | 123,898,431 | 3.0 | 4% |
| 2019 | 3,469,212,832 | 3,324,498,417 | 144,714,415 | 3.5 | 4% |
| 2020 | 3,987,261,671 | 3,891,453,364 | 95,808,307 | 3.7 | 5% |
| 2021 | 4,330,694,532 | 4,341,991,959 | −11,297,427 | 3.6 | 5% |
| 2022 | 4,806,940,186 | 4,702,803,936 | 104,136,250 | 3.3 | 6% |
| 2023 | 5,417,873,632 | 5,399,882,862 | 17,990,770 | 3.1 | 0% |
In its most recent public year (2023), this organization brought in $17,990,770 more than it spent. Its reserves stood at about 3.1 months of spending, up from 1.5 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
Corewell Health's IRS filings as a feed — one entry per filing year, through 2023. 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