Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,557,831 | 2,907,952 | 649,879 | 25.1 | 30% |
| 2012 | 4,127,716 | 2,883,047 | 1,244,669 | 26.7 | 0% |
| 2013 | 3,415,006 | 2,835,189 | 579,817 | 27.5 | 0% |
| 2014 | 3,996,799 | 2,832,480 | 1,164,319 | 28.1 | 0% |
| 2015 | 3,742,458 | 2,912,905 | 829,553 | 30.8 | 0% |
| 2016 | 3,439,598 | 2,713,895 | 725,703 | 25.6 | 0% |
| 2017 | 4,081,160 | 2,463,570 | 1,617,590 | 22.4 | 0% |
| 2018 | 3,742,622 | 2,557,136 | 1,185,486 | 21.6 | 0% |
| 2019 | 3,125,710 | 1,352,971 | 1,772,739 | 45.0 | 0% |
| 2020 | 4,980,219 | 2,715,646 | 2,264,573 | 25.3 | 0% |
| 2021 | 5,882,989 | 2,888,448 | 2,994,541 | 24.3 | 0% |
| 2022 | 5,462,623 | 2,813,182 | 2,649,441 | 36.3 | 0% |
| 2023 | 5,259,381 | 3,168,493 | 2,090,888 | 33.5 | 0% |
In its most recent public year (2023), this organization brought in $2,090,888 more than it spent. Its reserves stood at about 33.5 months of spending, up from 25.1 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