EHealth CareEIN: 912153073

Cleveland Clinic Foundation

Independence, Ohio

A-Health Score
75A-

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 Org1.14×
Peer Median0.58×
💰
$15.6B
Total Revenue
📊
$14.8B
Total Expenses
🏦
$16.8B
Net Assets
📋
$7.9B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.4%
Year-over-year change (2022 → 2023)
Net Margin
+5.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.14
Net assets divided by total expenses
Liabilities-to-Assets
32.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$15,603,812,91615%$14,776,307,7068%$24,722,513,1664%
2022$13,520,304,8426%$13,664,847,85012%$23,665,612,2442%
2021$14,324,749,70417%$12,185,626,55312%$24,082,146,58513%
2020$12,265,220,3066%$10,902,845,5437%$21,307,404,98114%
2019$11,558,538,37815%$10,174,700,2859%$18,683,589,72116%
2018$10,007,442,5646%$9,325,282,7446%$16,108,542,2052%
2017$9,399,062,4056%$8,774,576,0743%$15,770,696,7859%
2016$8,907,956,80115%$8,486,267,85721%$14,409,054,02114%
2015$7,766,891,9183%$7,031,439,7823%$12,621,778,1423%
2014$7,523,260,0771%$6,836,839,104$12,283,938,26412%
2013$7,565,105,7208%$6,825,082,0364%$10,971,646,5957%
2012$7,011,272,09610%$6,559,634,9617%$10,222,859,80713%
2011$6,363,351,807$6,117,763,783$9,063,594,010

Frequently Asked Questions

What does Cleveland Clinic Foundation do?

Cleveland Clinic Foundation is a health care nonprofit organization based in Ohio. It is classified under NTEE code E030 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cleveland Clinic Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Cleveland Clinic Foundation has a score of 75/100 (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 Cleveland Clinic Foundation generate?

Cleveland Clinic Foundation reports $17.2B in annual revenue and holds $26.5B in total assets, based on IRS filings.

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