Phoenix Childrens Hospital
84% goes to programs $0 to raise $100 Strong reserves Growing revenue
Phoenix Childrens Hospital is a 501(c)(3) organization based in Phoenix, Arizona, registered in 1981, with $1,480,711,862 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
1919 E Thomas Rd, Phoenix, AZ, 85016 EIN 86-0422559 Since 1981
Revenue (FY2023)
$1.5B
▲ 11.2% vs prior year
Health median: $840K
Expenses (FY2023)
$1.3B
Net assets
$1.4B
Employees
8,656
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 rating84% 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 Phoenix Childrens Hospital: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +11% 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 Phoenix Childrens Hospital: 13 mo reserves · +11% 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 Phoenix Childrens Hospital: 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 Phoenix Childrens Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To advance hope, healing and the best healthcare for children and their families.
Contact & location
- Address
- 1919 E Thomas Rd, Phoenix, AZ, 85016
- City
- Phoenix
- State
- Arizona
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $655.2M (FY2013) to $1.5B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.2BNet assets $1.4B
Operating margin
11.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7B
Total liabilities
$1.2B
Net assets
$1.4B
Salaries & benefits
$815.5M
62% of expenses
Board members
13
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,480,711,862▲11.2% | $1,317,475,021▲11.7% | $1,435,264,019▲23.7% | $2,678,763,327▲10.7% | 990 |
| 2022 | $1,331,683,534▲4.9% | $1,179,958,339▲9.0% | $1,160,395,375▼0.8% | $2,420,571,714▼1.4% | 990 |
| 2021 | $1,269,700,865▲7.5% | $1,082,463,764▲12.4% | $1,169,597,281▲29.8% | $2,455,450,132▲4.4% | 990 |
| 2020 | $1,180,617,311▲13.5% | $963,409,811▲1.0% | $901,152,922▲36.0% | $2,350,844,527▲38.4% | 990 |
| 2019 | $1,040,240,354▲10.7% | $954,317,316▲11.9% | $662,699,423▲19.6% | $1,698,002,089▲20.2% | 990 |
| 2018 | $939,877,363▲6.9% | $853,166,680▲4.9% | $553,998,062▲5.5% | $1,413,019,681▲0.7% | 990 |
| 2017 | $879,053,044▲3.7% | $813,153,291▲4.8% | $525,058,590▲21.6% | $1,403,858,646▲6.5% | 990 |
| 2016 | $847,339,788▲7.0% | $776,247,277▲4.2% | $431,811,045▲30.0% | $1,317,889,997▲2.8% | 990 |
| 2015 | $791,731,657▲7.4% | $744,650,140▲12.6% | $332,248,854▲9.2% | $1,281,905,997▲16.6% | 990 |
| 2014 | $737,023,017▲12.5% | $661,305,796▲6.1% | $304,376,972▲9.1% | $1,099,783,522▲4.6% | 990 |
| 2013 | $655,164,660 | $623,312,643▼1.7% | $279,095,475▲41.0% | $1,051,324,162▲8.6% | 990 |
| 2012 | — | $634,335,455▲25.9% | $197,972,893▲17.6% | $968,266,292▲10.2% | 990 |
| 2011 | — | $503,825,675▲21.8% | $168,402,498▼30.2% | $878,510,889▲3.3% | 990 |
| 2010 | — | $413,652,340 | $241,139,864 | $850,506,825 | 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 (FY2023)
Highest-paid: Robert L Meyer — $3,579,364 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert L Meyer | Director/president & Ceo | 37 | $3,579,364 |
| Daniel Velez Md | Staff Physician | 40 | $1,604,316 |
| Daniel Ostlie Md | Surgeon In Chief | 40 | $1,480,186 |
| Jared Muenzer Md | Svp, Coo, Pcmg | 40 | $1,382,846 |
| David Higginson | Executive Vp & Coo | 40 | $1,356,883 |
| Mark Molitor Jr Md | Staff Physician | 40 | $1,272,996 |
| Carmen Neuberger | Svp/general Counsel/secretary | 38 | $1,233,064 |
| David Notrica Md | Pediatric Surgeon | 40 | $1,144,960 |
| Mark Gerber Md | Division Chief | 40 | $1,128,545 |
| Dennis Bruns | Evp & Cfo/treasurer (termed 07/23) | 38 | $850,000 |
| Rich Lehmuth | Svp, Strategic Planning | 40 | $813,801 |
| Brian Meyer | Svp/cio | 40 | $774,717 |
| Chad Johnson | Svp, Pccn | 40 | $721,210 |
| Blake Bulloch Md | President, Medical Staff | 40 | $642,618 |
| Russ Korcuska | Svp, Construction & Special Projects | 40 | $613,931 |
| Kety Duron | Svp, Human Resources | 40 | $588,477 |
| Tamra Kaplan | Svp, Operations | 40 | $587,044 |
| Kari Cornicelli | Evp & Cfo/treasurer (termed 08/22) | 0 | $582,116 |
| Michelle Bruhn | Evp & Cfo/treasurer (start 08/23) | 38 | $358,212 |
| Dustin Rayhorn Md | Vp, Medical Staff | 40 | $255,451 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Kitchell | Construction | $118,549,747 |
| Sodexo Inc and Affiliates | Outsourcing | $26,059,931 |
| Dpr Construction | Construction | $23,630,040 |
| Medefis Consolidated Inc | Outsourcing | $12,746,178 |
| Allscripts Healthcare LLC | Outsourcing | $5,394,470 |
Grants received · $7.3M total
109 grants to Phoenix Childrens Hospital totaling $7.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Public Health Institute | Research | 2024 | $253,512 |
| American Online Giving Foundation Inc | General support | 2024 | $228,339 |
| Truwest Credit Union | Operational support | 2024 | $68,075 |
| Charities Aid Foundation America | Charitable donation | 2024 | $16,361 |
| Public Health Institute | Capacity building | 2024 | $10,000 |
| American Endowment Foundation | Health, general | 2024 | $10,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2023 | $202,590 |
| Center For Comprehensive Care and Diagnosis of Inherited Blood | Subcontract hrsa grant sickle cell treatment demonstration program | 2023 | $70,838 |
| Public Health Institute | Research | 2023 | $70,050 |
| Truwest Credit Union | Operational support | 2023 | $65,347 |
| National Philanthropic Tr | Environment, animals | 2023 | $26,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $17,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $14,250 |
| American Endowment Foundation | Health, general | 2023 | $11,000 |
Grants made · $10K in FY2023
1 grant totaling $10K in FY2023. All grants made by Phoenix Childrens Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| American Heart Association Inc | Program support | $10,000 |
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Frequently asked questions
- Is Phoenix Childrens Hospital a legitimate nonprofit?
- Yes. Phoenix Childrens Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 86-0422559, based in Phoenix, Arizona. Donations are tax-deductible.
- What is Phoenix Childrens Hospital's EIN?
- Phoenix Childrens Hospital's Employer Identification Number (EIN) is 86-0422559.
- How much revenue does Phoenix Childrens Hospital report?
- Phoenix Childrens Hospital reported $1,480,711,862 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Phoenix Childrens Hospital's spending goes to programs?
- Phoenix Childrens Hospital spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Phoenix Childrens Hospital have?
- CharityIndex grades Phoenix Childrens Hospital A, based on program efficiency and fundraising cost.
- How much does Phoenix Childrens Hospital's highest-paid employee make?
- The highest reported compensation on Phoenix Childrens Hospital's latest Form 990 is $3,579,364, paid to Robert L Meyer (Director/president & Ceo).
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Data for Phoenix Childrens Hospital (EIN 86-0422559) 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.