Public Charity

MAYO CLINIC

Based in ROCHESTER, MN, MAYO CLINIC operates as a Public Charity. The organization reported $7.9B in revenue, $6.3B in expenses, $26.7B in total assets for fiscal year 2024. Imperigo tracks 1,604 reported grant relationships connected to this organization totaling approximately $10.2B.

EIN: 416011702 ROCHESTER, MN Community Health Systems NTEE: E21 Latest filing: 2024
Total Revenue$7.9B
Total Expenses$6.3B
Total Assets$26.7B
Grant Records1,604
Funding Total$10.2B
Filing Years2019–2024

Mission

TO INSPIRE HOPE AND CONTRIBUTE TO HEALTH AND WELL-BEING BY PROVIDING THE BEST CARE TO EVERY PATIENT THROUGH INTEGRATED CLINICAL PRACTICE, EDUCATION AND RESEARCH.

Where $100 goes at Mayo Clinic

How Mayo Clinic divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$11 Management running the organization
$1 Fundraising raising the next dollar

Inside the $88 for programs

$69
Patient care for description)patient care:Mayo Clinic is an integrated, not-for-profit medical group practice
78% of program spending · Reported in the filing: 20 procedures; 469,000 visits; 45 members
$14
Medical research for description)medical research:Mayo Clinic is one of the premier medical research organizations in the world
16% of program spending
$5
Medical education for description)medical education:medical education, research training, continuous medical life-long learning and a committed quest for new knowledge are integral functions of Mayo Clinic
6% of program spending · Reported in the filing: 300 programs; 223 students; 440 students
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Alix Jay
FORMER KEY EMPLOYEE Ammash Md Naser M
EXECUTIVE LEADER-HARWICK Amstutz Gwendolyn J
CHIEF DEVELOPMENT OFFICER Arnett Jennifer P
TRUSTEE Baicker Katherine
TRUSTEE Baker Jr Douglas M

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,884,689,168 549 grants
Health & Medicine
$185,795,064 377 grants
Research & Policy
$92,038,425 408 grants
Fundraising & Sponsorship
$16,044,013 17 grants
Education
$14,597,727 66 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.9B $6.3B $26.7B
2023 $7.4B $6.2B $23.3B
2022 $7.1B $5.7B $22.1B
2020 $6.7B $5.5B $16.5B
2019 $6.8B $5.7B $13.1B

Between 2019 and 2024, reported annual revenue grew from $6.8B to $7.9B (+16%), with total assets most recently reported at $26.7B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MAYO CLINIC

Complete financials, all 1,604 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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