Honorhealth
86% goes to programs $0 to raise $100 Strong reserves Growing revenue
Honorhealth is a 501(c)(3) organization based in Scottsdale, Arizona, registered in 1965, with $3,455,315,312 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
8125 N Hayden Rd, Scottsdale, AZ, 85258 EIN 86-0181654 Since 1965
Revenue (FY2024)
$3.5B
▲ 17.6% vs prior year
Health median: $840K
Expenses (FY2024)
$3.2B
Net assets
$2.5B
Employees
19,318
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Honorhealth: 86% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Honorhealth: 9 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Honorhealth: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Honorhealth: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Honorhealth's mission is to improve the health and well-being of those we serve.
Contact & location
- Address
- 8125 N Hayden Rd, Scottsdale, AZ, 85258
- City
- Scottsdale
- State
- Arizona
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $900.1M (FY2014) to $3.5B (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.4BNet assets $2.5B
Operating margin
8.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8B
Total liabilities
$2.4B
Net assets
$2.5B
Salaries & benefits
$1.5B
46% of expenses
Board members
14
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,455,315,312▲17.6% | $3,179,359,771▲14.7% | $2,492,395,507▲14.2% | $4,846,825,388▲26.5% | 990 |
| 2023 | $2,937,719,087▲5.7% | $2,771,711,183▲7.3% | $2,182,780,355▲15.7% | $3,831,862,838▲13.7% | 990 |
| 2022 | $2,780,163,245▲8.8% | $2,583,390,245▲10.7% | $1,887,222,813▲0.1% | $3,369,239,878▼4.0% | 990 |
| 2021 | $2,554,167,187▲17.5% | $2,334,689,609▲15.6% | $1,886,184,808▲16.1% | $3,510,408,010▲10.3% | 990 |
| 2020 | $2,173,432,823▲0.9% | $2,019,880,907▲1.2% | $1,624,485,055▲12.9% | $3,183,780,029▲15.7% | 990 |
| 2019 | $2,153,551,601▲6.5% | $1,994,958,531▲7.0% | $1,439,181,539▲15.8% | $2,751,945,163▲21.8% | 990 |
| 2018 | $2,022,983,964▲11.3% | $1,864,038,247▲5.1% | $1,242,980,003▲8.3% | $2,258,694,352▲5.0% | 990 |
| 2017 | $1,817,566,724▲6.5% | $1,772,927,099▲6.8% | $1,147,651,995▲13.8% | $2,150,717,945▲8.9% | 990 |
| 2016 | $1,706,522,765▲9.6% | $1,659,493,396▲10.5% | $1,008,318,757▲13.4% | $1,974,626,282▲36.4% | 990 |
| 2015 | $1,557,542,683▲73.0% | $1,501,372,787▲71.7% | $889,351,824▲4.4% | $1,447,432,360▼2.3% | 990 |
| 2014 | $900,056,572 | $874,173,892▲5.5% | $851,827,778▲78.5% | $1,482,002,989▲172% | 990 |
| 2012 | — | $828,774,660▼5.7% | $477,216,980▲8.1% | $543,977,708▲9.8% | 990 |
| 2011 | — | $879,285,488 | $441,612,268 | $495,596,515 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Todd Laporte — $4,126,280 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Todd Laporte | Director/president & Ceo | 37 | $4,126,280 |
| Kimberly Post | Evp/chief Operations Officer | 40 | $2,164,960 |
| Robert Riley Md | Physician | 40 | $2,130,833 |
| Amar Thosani Md | Gi Physician | 40 | $1,829,803 |
| John Neil Md | Evp-phy Ex & Ntwk Str Off | 40 | $1,618,124 |
| Steven Werner Md | Orthopedic Surgeon | 40 | $1,615,047 |
| Calvin Lui Md | Cardiologist-intervention | 40 | $1,402,326 |
| Bertrand Kaper Md | Orthopedic Surgeon | 40 | $1,348,784 |
| James Whitfill Md | Svp-chief Transf Officer | 40 | $1,260,757 |
| Lisa Montman | Treasurer/evp/cfo | 39 | $1,162,849 |
| Shannon Fox Fraser | Sec/svp/chief Legal Officer & Gc | 39 | $968,879 |
| Wayne Frangesch | Svp/chief Hr Officer | 40 | $953,927 |
| Gary Baker | Svp-hospital Operations (thru 5/23) | 0 | $941,383 |
| David Price | Svp-chief Growth Officer | 40 | $864,951 |
| Nina Shah Md | Svp/chief Clinical Value Officer | 40 | $857,841 |
| Stephanie Jackson Md | Svp/chief Clinical Value Officer (thru 5/23) | 0 | $844,316 |
| Kathi Zarubi | Svp/chief Nurse Executive | 40 | $667,230 |
| Elizabeth Farhart | Assistant Sec/vp/assoc Gen Counsel | 38 | $464,894 |
| Deedra Zabokrtsky Thru 423 | Svp/chief Nurse Exec | 0 | $397,652 |
| Derek A Hampshire | Assistant Treasurer/vp Treasury | 38 | $332,413 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Az Center For Hematology & Oncology Plc | Medical Services | $65,751,075 |
| Pwc Holdings No 21 LLC | Consulting | $15,286,688 |
| Atria Heart Pllc | Medical Services | $12,630,775 |
| Sonoran Spine Center PC | Medical Services | $12,084,189 |
| Sonora Quest Laboratories LLC | Medical Services | $6,194,452 |
Grants received · $167.6M total
16 grants to Honorhealth totaling $167.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Honorhealth Foundation | Program support | 2024 | $16,294,441 |
| Honorhealth Foundation | Program support | 2023 | $23,475,642 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $25,000 |
| Honorhealth Foundation | Program support | 2022 | $32,967,222 |
| American Heart Association Inc | Atrial fibrillation initiative | 2022 | $5,500 |
| Honorhealth Foundation | Program support | 2021 | $14,080,874 |
| Honorhealth Foundation | Program support | 2020 | $20,042,528 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $100,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $50,000 |
| Honorhealth Foundation | Program support | 2019 | $15,688,612 |
| Amyotrophic Lateral Sclerosis Assn | Certified treatment center of excellence grant | 2019 | $25,000 |
| Honorhealth Foundation | Program support | 2018 | $11,759,082 |
| Amyotrophic Lateral Sclerosis Assn | Certified treatment center of excellence grant | 2018 | $50,000 |
| Honorhealth Foundation | Program support | 2017 | $9,100,587 |
| Honorhealth Foundation | Program support | 2016 | $13,175,368 |
Grants made · $14.7M in FY2024
18 grants totaling $14.7M in FY2024 — showing the 15 largest. All grants made by Honorhealth →
| Recipient | Purpose | Amount |
|---|---|---|
| Honorhealth Foundation | Program support | $12,000,000 |
| Greater Phoenix Chamber of Commerce | Program support | $1,559,900 |
| Neighborhood Outreach Access To Health | Program support | $600,000 |
| American Heart Association Inc | Program support | $155,000 |
| Mcdowell Sonoran Conservancy | Program support | $100,000 |
| Diocesan Council For the Society of St Vincent De Paul Diocese Phoenix | Program support | $100,000 |
| Coalition To Strengthen Healthcare | Program support | $50,000 |
| Scottsdale Charros Inc | Program support | $40,000 |
| American Cancer Society Inc | Program support | $27,750 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | $25,000 |
| Goodwill Industries of Central Arizona Inc | Program support | $15,000 |
| American Lung Association | Program support | $15,000 |
| Junior Achievement of Arizona | Program support | $15,000 |
| Scottsdale Chamber of Commerce | Program support | $10,000 |
| Hatcher Urban Businesses | Program support | $10,000 |
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Frequently asked questions
- Is Honorhealth a legitimate nonprofit?
- Yes. Honorhealth is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 86-0181654, based in Scottsdale, Arizona. Donations are tax-deductible.
- What is Honorhealth's EIN?
- Honorhealth's Employer Identification Number (EIN) is 86-0181654.
- How much revenue does Honorhealth report?
- Honorhealth reported $3,455,315,312 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Honorhealth's spending goes to programs?
- Honorhealth spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Honorhealth have?
- CharityIndex grades Honorhealth A, based on program efficiency and fundraising cost.
- How much does Honorhealth's highest-paid employee make?
- The highest reported compensation on Honorhealth's latest Form 990 is $4,126,280, paid to Todd Laporte (Director/president & Ceo).
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Data for Honorhealth (EIN 86-0181654) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.