Mission
Mayo Clinic is the largest integrated, not-for-profit medical group practice in the world. Renowned for its dedication to providing comprehensive care, Mayo Clinic tackles the most challenging medical cases with a patient-centered approach. The institution integrates research, education, and clinical practice to offer cutting-edge treatments and advance medical knowledge.
Basic Information
Tax-Exempt
Founded in
1919
EIN
41-6011702
Total Assets
$22.11 billion
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
Comprehensive Medical Teams
Mayo Clinic assembles specialized teams tailored to each patient's needs. These teams collaborate in an integrated environment to deliver personalized and comprehensive care, ensuring that every patient receives the highest level of expertise possible.
Innovative Care
As a leader in medical research, Mayo Clinic patients often benefit first from groundbreaking research and clinical trials. With over 12,000 ongoing studies, Mayo Clinic physicians work on new treatments and therapies that address the world's most complex medical issues.
International Services
Mayo Clinic offers specialized care to patients from around the world. The institution's international services make it accessible for global patients to receive care from some of the world's most renowned medical professionals.
Impact Stats
More No.1 rankings than any other hospital
Top-ranked Specialties
Top-ranked Hospital in the U.S.
Mayo Clinic has consistently been ranked as the number one hospital in the United States by U.S. News & World Report. This accolade highlights Mayo Clinic's dedication to providing high-quality patient care and medical services.
$100 million
Investment in Equity
Commitment against Racism
Mayo Clinic has pledged $100 million over the next 10 years to eliminate racism and advance equity and inclusion within the organization. This initiative aims to improve health equity and ensure diverse representation in clinical trials and leadership roles.
50%
Emission Reduction
Greenhouse Gas Reduction
In its effort to combat climate change, Mayo Clinic has committed to a 50% reduction in greenhouse gas emissions and a 20% reduction in energy consumption within the next 10 years.
Past Events
Virtual Care Program
07/21/2022
A virtual care program allowed Salvadoran mom Veronica Ciudad-Real to safely recover at home after a bone marrow transplant. This innovative approach underscores Mayo Clinic’s commitment to personalized patient care.
Motorcycle Crash Recovery
12/01/2021
Taekwondo grandmaster Maurice Orange got a second chance at life after receiving care at Mayo Clinic following a devastating motorcycle crash.
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
71
48
/100
Program Expense Ratio
94.36%
20
/20
Program Revenue Growth
-0.94%
2
/20
Leverage Ratio
0.4333
10
/20
Working Capital Ratio
2.207
14
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 2.39B | 33.78% |
| Program Services | 4.051B | 57.25% |
| Investment Income | 261.1M | 3.69% |
| Sales of Non-Inventory Assets | 330.6M | 4.67% |
| Other Notable Sources | 28.19M | 0.40% |
| Total Revenue | 7.075B | 100.00% |
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