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From the Editor

Last Updated May 19, 2026, 10:00am EDT

Founded in 1864, Mayo Clinic is a medical practice and research group with major facilities in Minnesota, Florida and Arizona.

Mayo Clinic Health System Stats
Industry
Healthcare & Social Services
Founded
1889
Headquarters
Rochester, Minnesota
Country/Territory
United States
CEO
Gianrico Farrugia
Employees
85,000
By The Numbers
Private Donations
$700M
Total Revenue
$22.3B
Government Support$772M
Private Donations$700M
Other Income$20.9B
Total Expenses
$18.5B
Charitable Services$17.8B
Management & General$607M
Fundraising$51M
Surplus/Loss
$3.8B
Net Assets
$25.5B
Charitable Commitment
96%S
Fundraising Efficiency
93%S
Donor Dependency
-446%
Highest Compensation
$4,309,705
Fiscal Year ending on Dec 31, 2024
Results may be skewed due to unconsolidated data of national and affiliate groups, rounding or incomplete information.
Charitable Commitment: charitable services as percent of total expenses
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