Mayo Clinic Group Return: $14.0B Revenue, $13.8B Expenses

Mayo Clinic Group Return grades a B on the NonprofitTruth efficiency rubric. 79/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Mayo Clinic Group Return operates at corporate scale — $14.0B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). On the reserves factor, Mayo Clinic Group Return scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Mayo Clinic Group Return reported $14.0B in 2023, up notably from the start of the window. Officer compensation is modest relative to organizational size: Mayo Clinic Group Return reports $102.9M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $14.0B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Mayo Clinic Group Return is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.