E — Health CareEIN: 416011702

Mayo Clinic

Rochester, Minnesota

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.21×
Peer Median0.58×
💰
$7.1B
Total Revenue
📊
$5.7B
Total Expenses
🏦
$12.5B
Net Assets
📋
$9.6B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-11.5%
Year-over-year change (2021 → 2022)
Net Margin
+19.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.21
Net assets divided by total expenses
Liabilities-to-Assets
43.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$7,075,354,210↓11%$5,677,955,626↓2%$22,107,639,425↑8%
2021$7,993,241,004↑19%$5,773,119,389↑4%$20,543,802,362↑24%
2020$6,700,100,651↓2%$5,537,812,686↓3%$16,528,218,881↑26%
2019$6,819,422,921↑6%$5,684,760,529↑1%$13,128,051,185↑7%
2018$6,423,359,494↑5%$5,627,787,651↓3%$12,305,407,265↑9%
2017$6,142,231,316↑19%$5,829,645,761↑19%$11,310,805,903↑7%
2016$5,152,134,383↑9%$4,894,713,095↑10%$10,567,276,989↑5%
2015$4,716,398,592↑20%$4,445,052,878↑19%$10,051,482,383↑2%
2014$3,919,688,726↓14%$3,723,702,641↓11%$9,872,787,913↓1%
2013$4,560,196,033↑17%$4,176,701,522↑14%$9,966,983,729↑17%
2012$3,899,496,167↑4%$3,653,597,704↑7%$8,532,788,121↑13%
2011$3,738,795,160$3,413,595,379$7,570,727,549

Frequently Asked Questions

What does Mayo Clinic do?▼

Mayo Clinic is a health care nonprofit organization based in Minnesota. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mayo Clinic financially healthy?▼

Based on our 9-metric Financial Health Score model, Mayo Clinic has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mayo Clinic generate?▼

Mayo Clinic reports $7.9B in annual revenue and holds $26.7B in total assets, based on IRS filings.

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