Cleveland Clinic Foundation
Independence, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 354 peers in Health Care with >$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $15,603,812,916↑15% | $14,776,307,706↑8% | $24,722,513,166↑4% | |
| 2022 | $13,520,304,842↓6% | $13,664,847,850↑12% | $23,665,612,244↓2% | — |
| 2021 | $14,324,749,704↑17% | $12,185,626,553↑12% | $24,082,146,585↑13% | — |
| 2020 | $12,265,220,306↑6% | $10,902,845,543↑7% | $21,307,404,981↑14% | — |
| 2019 | $11,558,538,378↑15% | $10,174,700,285↑9% | $18,683,589,721↑16% | — |
| 2018 | $10,007,442,564↑6% | $9,325,282,744↑6% | $16,108,542,205↑2% | — |
| 2017 | $9,399,062,405↑6% | $8,774,576,074↑3% | $15,770,696,785↑9% | — |
| 2016 | $8,907,956,801↑15% | $8,486,267,857↑21% | $14,409,054,021↑14% | — |
| 2015 | $7,766,891,918↑3% | $7,031,439,782↑3% | $12,621,778,142↑3% | — |
| 2014 | $7,523,260,077↓1% | $6,836,839,104 | $12,283,938,264↑12% | — |
| 2013 | $7,565,105,720↑8% | $6,825,082,036↑4% | $10,971,646,595↑7% | — |
| 2012 | $7,011,272,096↑10% | $6,559,634,961↑7% | $10,222,859,807↑13% | — |
| 2011 | $6,363,351,807 | $6,117,763,783 | $9,063,594,010 | — |
Frequently Asked Questions
What does Cleveland Clinic Foundation do?▼
Cleveland Clinic Foundation is a health care nonprofit organization based in Ohio. It is classified under NTEE code E030 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cleveland Clinic Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Cleveland Clinic Foundation has a score of 75/100 (Grade: A-). 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 Cleveland Clinic Foundation generate?▼
Cleveland Clinic Foundation reports $17.2B in annual revenue and holds $26.5B in total assets, based on IRS filings.
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