DEMOGRAPHIC
ADDRESS
200 1ST ST SW
55905
COUNTY
olmsted county, MN
IN CARE OF NAME
MAYO CORPORATE TAX UNIT
ORGANIZATIONAL OVERVIEW & RANKINGS
MAYO CLINIC is a based in ROCHESTER, MN, focused on Health - General and Rehabilitative causes , specifically Community Health Systems. Established in January 1947, it operates as an central corporation and contributions to this organization are tax-deductible .
With total assets of $22,107,639,425.00, this ranks 30 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 2 out of 53,624 organizations in MN (Top 1%).
In olmsted county, MN, the organization ranks 1 out of 1,305 nonprofits by assets (Top 1%), while locally in rochester, it stands at 1 among 1,107 organizations (Top 1%).
The organization reported annual revenue of $7,075,354,210.00, ranking 29 nationally (Top 1%) and 3 in MN (Top 1%).
Within its specific NTEE classification (E21 - E: Health - General and Rehabilitative), which includes 1,273 similar organizations, MAYO CLINIC ranks 2 in assets (Top 1%) and 3 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
6: Central
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Private school
Scientific research diseases
Contact or sponsored scientific research for industry
NTEE COMMON CODE
E: Health - General and Rehabilitative
NTEE CODE
E21: Community Health Systems
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$14,473,593,274.00
FORM 990 REVENUE AMOUNT
$7,075,354,210.00
RULING DATE
01/1947
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$22,107,639,425.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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