Mayo Clinic Group Return
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 9,524,402,705 | 9,232,511,420 | 291,891,285 | 7.4 | 34% |
| 2017 | 11,054,443,065 | 10,460,754,172 | 593,688,893 | 7.2 | 31% |
| 2018 | 11,182,496,672 | 10,907,256,988 | 275,239,684 | 7.2 | 31% |
| 2019 | 10,416,976,478 | 9,951,608,821 | 465,367,657 | 8.5 | 36% |
| 2020 | 10,820,544,610 | 10,655,112,004 | 165,432,606 | 8.2 | 35% |
| 2021 | 12,644,661,653 | 12,310,001,707 | 334,659,946 | 7.6 | 33% |
| 2022 | 12,568,376,619 | 12,426,269,888 | 142,106,731 | 7.5 | 33% |
| 2023 | 13,970,744,790 | 13,778,960,002 | 191,784,788 | 7.0 | 33% |
In its most recent public year (2023), this organization brought in $191,784,788 more than it spent. Its reserves stood at about 7 months of spending. Staff pay was 33% of spending. $843,880,844 of its net assets are donor-restricted.
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 Clinic Group Return'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