Mayo Healthcare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,965,296 | 5,962,604 | 2,692 | 10.3 | 54% |
| 2012 | 5,772,653 | 6,134,012 | −361,359 | 9.3 | 54% |
| 2013 | 6,819,558 | 6,648,647 | 170,911 | 8.9 | 52% |
| 2014 | 6,622,166 | 6,646,569 | −24,403 | 8.8 | 52% |
| 2015 | 6,641,310 | 7,336,784 | −695,474 | 6.9 | 51% |
| 2016 | 7,478,563 | 7,431,758 | 46,805 | 6.9 | 52% |
| 2017 | 7,971,110 | 7,987,595 | −16,485 | 6.7 | 49% |
| 2018 | 8,028,662 | 8,021,482 | 7,180 | 6.3 | 49% |
| 2019 | 8,329,465 | 8,316,978 | 12,487 | 6.6 | 50% |
| 2020 | 9,232,163 | 8,797,978 | 434,185 | 6.6 | 53% |
| 2021 | 7,941,642 | 8,313,462 | −371,820 | 6.8 | 49% |
| 2022 | 8,716,853 | 8,835,417 | −118,564 | 5.6 | 45% |
| 2023 | 9,161,185 | 9,420,839 | −259,654 | 4.8 | 44% |
In its most recent public year (2023), this organization spent $259,654 more than it brought in. Its reserves stood at about 4.8 months of spending, down from 10.3 in 2011. Staff pay was 44% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Mayo Healthcare Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works