Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,030,675 | 7,446,205 | 584,470 | 7.5 | 50% |
| 2012 | 7,415,766 | 7,521,579 | −105,813 | 7.2 | 49% |
| 2013 | 7,272,246 | 7,289,674 | −17,428 | 7.4 | 49% |
| 2014 | 8,416,313 | 8,490,152 | −73,839 | 4.0 | 46% |
| 2015 | 10,163,097 | 10,031,269 | 131,828 | 3.6 | 46% |
| 2016 | 10,871,177 | 10,564,726 | 306,451 | 3.7 | 47% |
| 2017 | 9,978,885 | 11,265,319 | −1,286,434 | 3.4 | 47% |
| 2018 | 10,983,945 | 11,551,821 | −567,876 | 3.3 | 48% |
| 2019 | 2,990,037 | 3,231,141 | −241,104 | 11.5 | 49% |
In its most recent public year (2019), this organization spent $241,104 more than it brought in. Its reserves stood at about 11.5 months of spending, up from 7.5 in 2011. Staff pay was 49% 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 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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