ROCHESTER, MN
Mayo Clinic
Quick Facts
- EIN
- 41-6011702
- Location
- ROCHESTER, MN
- Category
- Health
- NTEE Code
- E21
- Total Assets
- $26.7B
- Annual Income
- $20.8B
- Annual Revenue
- $7.9B
- IRS Ruling Year
- 1947
- Tax Subsection
- 501(c)(03)
About This Organization
Mayo Clinic is a nonprofit organization based in ROCHESTER, MN. It received its IRS tax-exempt ruling in 1947. The organization is classified under IRC Section 501(c)(03). It operates in the area of health. Total assets are reported at $26.7B. Annual income is $20.8B. The organization has received $44M in foundation grants from 1 funder. It has received $46.3B in federal awards from 5 agencies.
Grants Received from Foundations
Foundation grants awarded to Mayo Clinic, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Fred C And Katherine B Andersen Foundation | $22M | 2022 | GENERAL SUPPORT |
| Fred C And Katherine B Andersen Foundation | $22M | 2022 | GENERAL SUPPORT |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Health and Human Services | 7545 awards totaling $46,033,546,330 | $46B | 2025 |
| Department of Defense | 227 awards totaling $276,565,974 | $276.6M | 2025 |
| National Science Foundation | 45 awards totaling $25,942,822 | $25.9M | 2025 |
| National Aeronautics and Space Administration | 21 awards totaling $6,000,263 | $6M | 2025 |
| Department of Education | 8 awards totaling $5,313,685 | $5.3M | 2025 |
Frequently Asked Questions
What does Mayo Clinic do?
Mayo Clinic is a nonprofit organization focused on health, based in ROCHESTER, MN. It is classified under IRC Section 501(c)(03).
Who funds Mayo Clinic?
Mayo Clinic has received foundation grants from Fred C And Katherine B Andersen Foundation. It has also received federal awards from Department of Health and Human Services, Department of Defense, National Science Foundation, among others.
What is Mayo Clinic's annual revenue?
Mayo Clinic reports total assets of $26.7B. Annual income is $20.8B.
Where is Mayo Clinic located?
Mayo Clinic is located in ROCHESTER, MN.
Is Mayo Clinic a 501(c)(3)?
Yes, Mayo Clinic is a 501(c)(3) tax-exempt organization. Its EIN is 41-6011702. Donations to this organization may be tax-deductible.
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