Mayo Clinic
Rochester, Minnesota
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 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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