Banner Medical Group
Phoenix, Arizona
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 1225 peers in Health Care with $100M-$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 | $560,684,471↑12% | $770,681,071↑15% | $154,301,996↑22% | |
| 2022 | $501,671,533↑4% | $671,337,671↑6% | $126,906,730↓38% | — |
| 2021 | $482,025,672↑16% | $630,674,350↑12% | $206,137,720↑144% | — |
| 2020 | $416,680,435↑2% | $563,058,453↑9% | $84,581,393↑10% | — |
| 2019 | $407,251,609↑10% | $516,495,464↑8% | $77,090,808↑63% | — |
| 2018 | $369,460,963↓11% | $479,503,795↑2% | $47,181,163↓16% | — |
| 2017 | $416,728,271↓5% | $470,325,830↓12% | $55,996,491↓27% | — |
| 2016 | $438,888,467↑3% | $531,559,081↑6% | $77,134,751↑20% | — |
| 2015 | $424,857,819↑15% | $499,354,040↑11% | $64,317,254↑60% | — |
| 2014 | $369,826,246↑16% | $450,197,024↑16% | $40,122,974↓24% | — |
| 2013 | $318,894,329↑44% | $387,431,848↑49% | $53,093,343↑26% | — |
| 2012 | $221,496,048↑5349% | $260,309,112↑3547% | $41,976,543↑1844% | — |
| 2011 | $4,064,625 | $7,137,269 | $2,159,396 | — |
Frequently Asked Questions
What does Banner Medical Group do?▼
Banner Medical Group is a health care nonprofit organization based in Arizona. It is classified under NTEE code E31 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Banner Medical Group financially healthy?▼
Based on our 9-metric Financial Health Score model, Banner Medical Group has a score of 40/100 (Grade: C). 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 Banner Medical Group generate?▼
Banner Medical Group reports $609.4M in annual revenue and holds $174.3M in total assets, based on IRS filings.
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