Banner Health
Public records show a registered, tax-exempt organization in good standing.
What it says it does
BANNER HEALTH'S NONPROFIT MISSION IS "MAKING HEALTH CARE EASIER, SO LIFE CAN BE BETTER".
- Income
- $10.8 billion
- Spending
- $9.3 billion
- Spent on programs
- 90%
- Reserves
- 7 months of spending
- Largest source of income
- fees for its services, 92%
- Employees
- 59,708
- Volunteers
- 4,509
- Highest pay
- $13.5 million, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100. Higher than 77% of charities in its peer group (health care, over $100m).
Reserves
28 of 35Spendable reserves would cover 7.0 months of spending.
Debt
10 of 20It owes 44% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Income trend
15 of 15Income rose 14% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 52% of charities in its peer group (health care, over $100m).
Independent board
25 of 2512 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $8.5 billion spent. Headquartered in Phoenix, Arizona, Banner Health is one of the largest nonprofit health care systems in the country. In addition to thirty-one acute-care hospitals and three rehabilitation hospitals, Banner Health also operates an academic medicine division, Banner - University Medicine, and Banner MD Anderson Cancer Center, a partnership with one of the world's preeminent cancer programs, MD Anderson Cancer Center. Banner Health's array of services includes health insurance, employed physician groups, outpatient surgery centers, urgent care, home care and hospice, retail pharmacies, imaging centers, physical therapy and rehabilitation, behavioral health, telehealth, global research, and a nursing registry. Guided by and deeply committed to our nonprofit mission: "Making health care easier, so life can be better," Banner Health is the leading nonprofit provider of hospital services in all the communities served and, in some cases, the only inpatient/acute care facility available within the community. This mission serves as the cornerstone of operations at our facilities located in small and large, rural, and urban communities, spanning six western states and their incredibly diverse populations. Regarded and recognized as a top health system in the country for the clinical quality consistency, nonprofit Banner Health has evolved from a health system of hospitals to a fully integrated system including significantly expanded services through Medical Group and Insurance Divisions. The comprehensive, integrated services provided by Banner Health include acute care, ambulatory care, long-term care, home health care, urgent care, medical imaging, rehabilitation, telemedicine, and hospice and palliative care. In addition to providing major, accredited medical education programs that train qualified physicians, Banner Health participates in national and international research efforts. Banner Health has not only demonstrated the ability to effectively manage the health and wellness of those in our service areas but has expanded convenient access to quality care throughout the communities served. Formed to accelerate Banner Health into the future the Banner Health Innovation Group (BIG) identifies, creates, and implements solutions that introduce and connect emerging ideas in health care. BIG takes a practical, people-first approach to innovation to achieve our vision of being our community's most trusted health partner; constantly evaluating how innovative solutions impact the quality, reliability, and value of the care Banner Health provides. The innovations arising from our staff and partners not only improve and simplify care, but also deepen the relationships between patients and clinicians, communities and institutions, and individuals and their own health. This holistic view prioritizes the interactions among the people that make health care possible, and we believe it is the key to a healthier future. By focusing on what patients, caregivers, and clinicians truly need, BIG aims to make health care better and more accessible for everyone. Through partnerships, human-centered design principles, and collaborative ventures with other health innovators, BIG builds a future where health care is more than a service delivered at a point in time - it is a boundless resource that helps people build a capability for wellness and foundation for a thriving life. BIG delivers results to make that future a reality, developing fresh ideas and cultivating strong partners to make health care easier so life can be better. Banner Health is dedicated to strengthening patient care through a continuous focus on improving patient outcomes and service, development and training of an engaged workforce, use of innovative technologies, and expansion of our facilities and services to meet community needs. At Banner Health people have always come first and whether welcoming newborns, or providing care for thriving in later years, our patients provide the motivation that keeps us moving forward. At all stages in life, Banner Health meets the health and medical needs of its patients through compassionate professionals and outstanding service. Banner Health's reach provides patients with access to these services be it from a hospital bed, mobile web site, virtual telehealth space, or physical presence in a Banner Health clinic or physician's office. Banner Health meets the patient where they are and at their desired locale. Banner Health's mission is "Making health care easier, so life can be better as a nonprofit organization, we exist to support our charitable mission of providing excellent health care services to the communities we serve, rather than generating income for investors or stockholders. Every dollar we earn is reinvested into new equipment, new or expanding patient care services, new physician services, modern technologies, maintaining existing equipment and facilities, and employees' salaries in addition to subsidizing the medical education costs for hundreds of physicians in training. To fulfill our mission and serve our incredibly diverse patient population, Banner Health operates a system of rural and urban facilities that preserve the dignity of everyone regardless of race, creed, sex, sexual orientation, gender identity, age, social status, or ability to pay for services rendered. Banner Health facilities are operated in a cost-effective and financially responsible manner to ensure that all who turn to Banner Health receive the excellent patient care they deserve. We leverage our size to reduce supply and equipment costs and to operate more efficiently and aggressively pursue best practices both inside and outside of Banner Health for opportunities to reduce waste and inefficiency. Banner Health values and celebrates equity, diversity, and inclusion. We promote and cultivate a culturally rich workforce that is honored to serve, support and provide services to our diverse communities. We respect and va
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1977.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.