Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 75,878,356 | 104,517,927 | −28,639,571 | 1.7 | 32% |
| 2012 | 190,523,143 | 183,631,523 | 6,891,620 | -2.5 | 52% |
| 2013 | 373,177,941 | 360,550,714 | 12,627,227 | 1.0 | 50% |
| 2014 | 466,102,534 | 487,579,642 | −21,477,108 | 0.5 | 47% |
| 2015 | 594,547,465 | 526,636,526 | 67,910,939 | 22.0 | 52% |
| 2016 | 646,979,943 | 626,488,761 | 20,491,182 | 20.0 | 49% |
| 2017 | 731,060,091 | 671,675,163 | 59,384,928 | 21.9 | 49% |
| 2018 | 807,176,683 | 756,217,166 | 50,959,517 | 20.9 | 46% |
| 2019 | 836,019,031 | 760,129,710 | 75,889,321 | 21.7 | 47% |
| 2020 | 1,050,315,288 | 896,411,220 | 153,904,068 | 23.7 | 48% |
| 2021 | 865,601,487 | 719,559,849 | 146,041,638 | 35.1 | 47% |
| 2022 | 719,851,214 | 815,518,618 | −95,667,404 | 25.7 | 46% |
In its most recent public year (2022), this organization spent $95,667,404 more than it brought in. Its reserves stood at about 25.7 months of spending, up from 1.7 in 2011. Staff pay was 46% 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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