E — Health CareEIN: 860181654

Honorhealth

Scottsdale, Arizona

B+Health Score
72B+

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 Org0.79×
Peer Median0.58×
💰
$2.9B
Total Revenue
📊
$2.8B
Total Expenses
🏦
$2.2B
Net Assets
📋
$1.6B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.7%
Year-over-year change (2022 → 2023)
Net Margin
+5.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.79
Net assets divided by total expenses
Liabilities-to-Assets
43.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,937,719,087↑6%$2,771,711,183↑7%$3,831,862,838↑14%
2022$2,780,163,245↑9%$2,583,390,245↑11%$3,369,239,878↓4%
2021$2,554,167,187↑18%$2,334,689,609↑16%$3,510,408,010↑10%
2020$2,173,432,823↑1%$2,019,880,907↑1%$3,183,780,029↑16%
2019$2,153,551,601↑6%$1,994,958,531↑7%$2,751,945,163↑22%
2018$2,022,983,964↑11%$1,864,038,247↑5%$2,258,694,352↑5%
2017$1,817,566,724↑7%$1,772,927,099↑7%$2,150,717,945↑9%
2016$1,706,522,765↑10%$1,659,493,396↑11%$1,974,626,282↑36%
2015$1,557,542,683↑73%$1,501,372,787↑72%$1,447,432,360↓2%
2014$900,056,572↑306%$874,173,892↑296%$1,482,002,989↑168%
2013$221,728,726↓74%$220,776,035↓73%$552,257,666↑2%
2013$862,407,823↓5%$828,774,660↓6%$543,977,708↑10%
2012$907,578,289↓3%$879,285,488↓4%$495,596,515↑5%
2011$937,601,021$912,210,148$473,100,228

Frequently Asked Questions

What does Honorhealth do?▼

Honorhealth is a health care nonprofit organization based in Arizona. It is classified under NTEE code E200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Honorhealth financially healthy?▼

Based on our 9-metric Financial Health Score model, Honorhealth has a score of 72/100 (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 Honorhealth generate?▼

Honorhealth reports $3.5B in annual revenue and holds $4.8B in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Health Care category, or browse all nonprofits in Arizona.