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Federal ID# 416011702

Mayo Clinic

    • Mayo Foundation
    • Mayo Clinic Rochester

General Information

Organization Type CHARITY
Contact Person Corporate Tax
Address P.O. BOX 4007, Rochester, MN 55903-4007
Phone Number (507) 538-1297
Purpose or Description Medical education, research and practice.
Status Active
Extension None

Financial Information

For Fiscal Year Ending 12/31/2024

INCOME
Direct Public Support$2,473,575,575
Government Grants+ $389,093,352
Other Revenue+ $5,066,449,867
Total Revenue$7,929,118,794
EXPENSES
Amount Spent for Program or Charitable Purposes$5,911,136,257
Management/General Expense+ $345,097,176
Fundraising Expense+ $57,246,641
Total Expenses$6,313,480,074

Excess/Deficit
Total Revenue$7,929,118,794
Total Expenses- $6,313,480,074
Excess/Deficit$1,615,638,720
End of Year Fund Bal/Net Worth
Total Assets$26,682,635,058
Total Liabilities- $10,173,199,106
End of Year Fund Bal/Net Worth$16,509,435,952

Financial Information for Prior Years

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