Corewell Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 47,107,871 | 93,508,263 | −46,400,392 | -0.0 | 49% |
| 2019 | 110,896,044 | 115,005,105 | −4,109,061 | -0.0 | 89% |
| 2020 | 108,793,103 | 112,706,063 | −3,912,960 | 0.0 | 87% |
| 2021 | 131,140,763 | 131,052,118 | 88,645 | 0.0 | 0% |
In its most recent public year (2021), this organization brought in $88,645 more than it spent. Its reserves stood at about 0 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 2021. 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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