Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,643,306 | 25,597,414 | −2,954,108 | 3.0 | 42% |
| 2012 | 19,789,877 | 21,225,273 | −1,435,396 | 2.8 | 50% |
| 2013 | 17,306,400 | 18,165,716 | −859,316 | 2.7 | 51% |
| 2014 | 7,916,335 | 8,856,628 | −940,293 | -1.5 | 52% |
| 2015 | 795,489 | 748,620 | 46,869 | -16.6 | 25% |
| 2016 | 284,410 | 538,238 | −253,828 | -28.8 | 27% |
| 2017 | 1,187,745 | 534,674 | 653,071 | 8.1 | 18% |
| 2018 | 511,655 | 710,030 | −198,375 | 2.7 | 15% |
| 2019 | 137,848 | 152,406 | −14,558 | 2.2 | 0% |
In its most recent public year (2019), this organization spent $14,558 more than it brought in. Its reserves stood at about 2.2 months of spending. 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 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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