Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 145,877,500 | 150,101,091 | −4,223,591 | 2.5 | 0% |
| 2021 | 152,617,176 | 152,889,857 | −272,681 | 2.5 | 0% |
| 2022 | 9,992,822 | 8,240,261 | 1,752,561 | 5.5 | 0% |
| 2023 | 1,043,697 | 835,347 | 208,350 | 56.8 | 0% |
In its most recent public year (2023), this organization brought in $208,350 more than it spent. Its reserves stood at about 56.8 months of spending, up from 2.5 in 2020. 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
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