EHealth CareEIN: 340714585

The Cleveland Clinic Foundation

Cleveland, Ohio

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.06×
Peer Median0.58×
💰
$7.6B
Total Revenue
📊
$7.7B
Total Expenses
🏦
$8.1B
Net Assets
📋
$7.2B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.9%
Year-over-year change (2021 → 2022)
Net Margin
-1.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.06
Net assets divided by total expenses
Liabilities-to-Assets
47.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2022$7,583,607,0496%$7,671,629,27512%$15,354,669,8451%
2021$8,056,049,79915%$6,852,996,4498%$15,457,099,26413%
2020$7,032,042,4953%$6,338,900,3782%$13,701,552,44510%
2019$6,830,413,0089%$6,232,896,7606%$12,446,161,99013%
2018$6,254,104,7265%$5,883,535,8375%$10,990,906,5581%
2017$5,973,236,6176%$5,582,278,5773%$10,870,079,9869%
2016$5,631,825,98611%$5,428,057,55716%$10,001,576,18513%
2014$5,090,394,2711%$4,697,479,7242%$8,846,770,26115%
2013$5,126,858,83810%$4,587,233,6704%$7,710,452,1508%
2012$4,675,234,03115%$4,395,971,61711%$7,132,666,67012%
2011$4,064,504,631$3,953,641,244$6,349,862,963

Frequently Asked Questions

What does The Cleveland Clinic Foundation do?

The Cleveland Clinic Foundation is a health care nonprofit organization based in Ohio. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Cleveland Clinic Foundation financially healthy?

Based on our 9-metric Financial Health Score model, The Cleveland Clinic Foundation has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Cleveland Clinic Foundation generate?

The Cleveland Clinic Foundation reports $9.7B in annual revenue and holds $17.4B in total assets, based on IRS filings.

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