Overview

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Est.

1919

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Mayo Clinic is a community health care nonprofit focused on patient care, research, and education, with a 2024 operating budget of $5.7B and total revenue of $7.9B. Its funding profile includes major support from MAYO CLINIC GROUP RETURN, MAYO CLINIC HOSPITAL - ROCHESTER, and PEOPLE-PEOPLE-PEOPLE FOUNDATION.

Mission Statement

PATIENT CARE, RESEARCH AND EDUCATION
Revenues
$7.9B
Expenses
$6.3B
Net Income:
+$1.6B
Assets
$26.7B
Liabilities
$10.2B
Net Assets:
+$16.5B
Operating Budget
$5.7B
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
862
Median grant size
$25K
Largest grant received
$1.6B
R
Rihal Md Charanjit S
Board Member
C
Callstrom Md Matthew R
Board Member
C
Caine Natalie A
Board Member
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  • 2.4K funders
  • 190 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MAYO CLINIC’s budget?
In 2024, MAYO CLINIC reported an annual operating budget of around $5.7 billion. More detailed financial information is available to registered users.
What causes does MAYO CLINIC support?
MAYO CLINIC supports work in Community health care.
Where does MAYO CLINIC operate?
MAYO CLINIC is headquartered in Rochester, MN.
Who funded MAYO CLINIC recently?
In 2025, MAYO CLINIC received grants from T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC, BERNARD E & EDITH B WATERMAN CHARITABLE FOUNDATION, and THE FULLERTON FAMILY CHARITABLE FUND. More information on this organization’s funders is available to registered users.
What is the largest grant MAYO CLINIC received in 2024?
The largest grant to MAYO CLINIC in 2024 exceeds $1.6 billion.
What is MAYO CLINIC’s reliance on government grants?
MAYO CLINIC relied on government grants for less than 5% of their total revenue in 2024.