Phoenix Childrens Hospital is located in Phoenix, AZ. The organization was established in 1981. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Phoenix Childrens Hospital employed 8,656 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix Childrens Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Phoenix Childrens Hospital generated $1.5b in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $1.3b during the year ending 12/2023. While expenses have increased by 6.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Phoenix Childrens Hospital has awarded 24 individual grants totaling $1,482,825. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE HOPE, HEALING AND THE BEST HEALTHCARE FOR CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O AS ARIZONA'S ONLY LICENSED, FREESTANDING, NONPROFIT CHILDREN'S HOSPITAL, PHOENIX CHILDREN'S HOSPITAL (THE HOSPITAL) OPERATES WITH THE MISSION TO ADVANCE HOPE, HEALING AND THE BEST HEALTHCARE FOR CHILDREN AND THEIR FAMILIES, AS WELL AS THE VISION THAT THE HOSPITAL WILL BE THE LEADING PEDIATRIC HEALTH SYSTEM IN THE SOUTHWEST, NATIONALLY RECOGNIZED FOR EXCEPTIONAL CARE, INNOVATIVE RESEARCH AND ADVANCED MEDICAL EDUCATION. WE REALIZE THIS VISION BY: - OFFERING THE MOST COMPREHENSIVE CARE ACROSS AGES, COMMUNITIES AND SPECIALTIES - INVESTING IN INNOVATIVE RESEARCH, INCLUDING EMERGING TREATMENTS, TOOLS AND TECHNOLOGIES - ADVANCING EDUCATION AND TRAINING TO SHAPE THE NEXT GENERATION OF CLINICAL LEADERS - ADVOCATING FOR THE HEALTH AND WELL-BEING OF CHILDREN AND FAMILIES THE HOSPITAL HAS THE GOAL OF DEVELOPING A PEDIATRIC-FOCUSED, INTEGRATED DELIVERY SYSTEM FOR MARICOPA COUNTY AND ARIZONA. THE HOSPITAL PROVIDES CARE TO THE STATE'S PEDIATRIC PATIENTS IN MORE THAN 75 SUBSPECIALTIES AND INCLUDES 7 CENTERS OF EXCELLENCE OFFERING INTERDISCIPLINARY CARE: CENTER FOR CANCER AND BLOOD DISORDERS AND INFUSION CENTER, PHOENIX CHILDREN'S HEART CENTER, BARROW NEUROLOGICAL INSTITUTE AT PHOENIX CHILDREN'S HOSPITAL, CENTER FOR PEDIATRIC ORTHOPEDICS, LEVEL I PEDIATRIC TRAUMA CENTER, LEVEL IV NEWBORN INTENSIVE CARE UNIT, AND PHOENIX CHILDREN'S HOSPITAL SURGICAL PROGRAMS. THE HOSPITAL IS ONE OF THE COUNTRY'S LARGEST AND BUSIEST CHILDREN'S HOSPITALS, WITH 484 LICENSED BEDS AND A MEDICAL STAFF OF OVER 1,400 PRACTITIONERS. IN ADDITION TO THE HOSPITAL'S MAIN CAMPUS NEAR DOWNTOWN PHOENIX, ARIZONA, THE HOSPITAL PROVIDES CLINICAL SERVICES THROUGH ITS NETWORK OF INTEGRATED PHYSICIANS IN APPROXIMATELY 100 PRACTICE SITES THROUGHOUT MARICOPA COUNTY, THE PRIMARY SERVICE AREA OF THE HOSPITAL. THE HOSPITAL ALSO PROVIDES SPECIALTY PEDIATRIC SERVICES IN TUCSON, YUMA, FLAGSTAFF, MESA, SCOTTSDALE, GLENDALE, AND AVONDALE. AFFILIATES OF THE HOSPITAL INCLUDE THE PHOENIX CHILDREN'S HOSPITAL FOUNDATION (THE FOUNDATION); ARIZONA CHILDREN'S RISK SOLUTIONS (THE CAPTIVE); PHOENIX CHILDREN'S CARE NETWORK (PCCN); PHOENIX CHILDREN'S CARDIOLOGY DIAGNOSTICS, LLC (PCCD); AND PHOENIX CHILDREN'S PROPERTY DEVELOPMENT, LLC (PCPD), COLLECTIVELY REFERRED TO AS THE COMPANY. AS HOSPITAL VOLUMES HAVE GROWN, PCH HAS BEEN ABLE TO PROVIDE MORE SUBSPECIALIZED CARE THROUGH INVESTMENTS IN SPECIALIZED MEDICAL STAFF AND TECHNOLOGY. TODAY THE ORGANIZATION FOCUSES INVESTMENT ON THE SEVEN CENTERS OF EXCELLENCE ("COES") TO IMPROVE ACCESS TO CARE FOR THE CHILDREN IN ARIZONA AND THE SOUTHWESTERN UNITED STATES. SINCE 2011, THE RIGOROUS "BEST CHILDREN'S HOSPITALS" SURVEY CONDUCTED BY U.S. NEWS & WORLD REPORT ASKS HUNDREDS OF QUESTIONS ABOUT A HOSPITAL'S SURVIVAL RATES, NURSE STAFFING, SUBSPECIALISTS' AVAILABILITY AND MANY OTHER PIECES OF CRITICAL INFORMATION THAT'S DIFFICULT OR IMPOSSIBLE FOR PATIENTS' FAMILIES AND CARE-GIVERS TO FIND ON THEIR OWN. U.S. NEWS TAKES ALL OF THIS DATA AND COMBINES IT WITH A REPUTATION SCORE THAT'S BASED ON A SURVEY OF PEDIATRIC SPECIALISTS FROM ACROSS THE COUNTRY. FOR THE 13TH CONSECUTIVE YEAR, U.S. NEWS & WORLD REPORT HAS RANKED PHOENIX CHILDREN'S AMONG THE NATION'S "BEST CHILDREN'S HOSPITALS." THE HEALTH SYSTEM WAS ALSO NAMED THE NO. 1 CHILDREN'S HOSPITAL IN ARIZONA AND THIRD IN THE SOUTHWEST REGION. PHOENIX CHILDREN'S IS THE ONLY CHILDREN'S HOSPITAL IN ARIZONA EVER TO BE RECOGNIZED BY U.S. NEWS & WORLD REPORT. PCH BEGAN WITH FOUR COES BUT HAS EXPANDED TO SEVEN COES OFFERING INTERDISCIPLINARY CARE, EACH OF WHICH IS DESCRIBED BELOW. ADDITIONALLY, IN 2019, PCH WAS DESIGNATED BY THE AMERICAN COLLEGE OF SURGEONS AS A CHILDREN'S SURGERY VERIFICATION LEVEL 1 PROGRAM. CENTER FOR HEART CARE A CHILD WITH HEART FAILURE HAS A DISEASED HEART THAT CAN'T PUMP ENOUGH BLOOD TO MEET THE BODY'S DEMANDS. SYMPTOMS MAY INCLUDE FATIGUE, EXCESSIVE SWEATING OR TROUBLE BREATHING. PEDIATRIC HEART FAILURE IS A CONDITION THAT CAN HAVE VARIED CAUSES, INCLUDING CONGENITAL HEART DEFECTS AND ACQUIRED OR INHERITED HEART DISEASE. DOCTORS MAY REFER TO IT AS ADVANCED OR END-STAGE HEART DISEASE. HEART FAILURE IS A SERIOUS CONDITION, BUT CHILDREN HAVE MANY GOOD TREATMENT OPTIONS AVAILABLE THROUGH THE CENTER FOR HEART CARE. IT IS THE ONLY PROGRAM OF ITS KIND IN THE REGION, LED BY FELLOWSHIP-TRAINED, MULTISPECIALTY PEDIATRIC CARDIOLOGISTS WITH HIGH-LEVEL SKILLS AND A PASSION FOR HELPING CHILDREN AND FAMILIES. OUR CARDIOLOGISTS USE THE LATEST ADVANCES TO MANAGE HEART FAILURE, DELAY ITS PROGRESS AND RENEW A CHILD'S STRENGTH, HEALTH AND QUALITY OF LIFE. WE TREAT CHILDREN AT EVERY STAGE OF LIFE FROM FETAL CARE THROUGH TEENS TRANSITIONING TO OUR ADULT CONGENITAL HEART DISEASE PROGRAM. THE CENTER FOR HEART CARE AT PHOENIX CHILDREN'S STAYS IN THE FOREFRONT OF QUALITY, RESEARCH AND INNOVATION TO OFFER EXCEPTIONAL HEART CARE FOR KIDS. YOUR CHILD'S HEART SPECIALISTS WILL DISCUSS TREATMENT OPTIONS FOR HEART FAILURE, INCLUDING ITS CAUSES OR RELATED DISEASE, SUCH AS CONGENITAL HEART DEFECTS, CARDIOMYOPATHY (HEART MUSCLE DISEASE), ARRHYTHMIA (ABNORMAL HEART RHYTHM) AND OTHER CONDITIONS. IN ADDITION TO DIAGNOSTIC TESTING AND CONSULTATION, WE OFFER: - INTERVENTIONAL CARDIOLOGY USING NOVEL IMAGING TECHNOLOGIES FOR LESS INVASIVE SURGICAL PROCEDURES - HEART SURGERY, INCLUDING MINIMALLY INVASIVE, OPEN SURGERY AND HYBRID (COMBINED) SURGICAL APPROACHES - MECHANICAL CIRCULATORY SUPPORT (MCS) INCLUDING SURGICALLY IMPLANTED MEDICAL DEVICES, SUCH AS VENTRICULAR-ASSIST DEVICES (VADS) AND TOTAL ARTIFICIAL HEARTS, WHICH CAN BE USED TO PUMP BLOOD AROUND THE BODY WHEN THE CHILD'S OWN HEART IS TOO WEAK TO DO THE JOB - HEART TRANSPLANT WHICH REQUIRES MULTISPECIALTY SCREENING AND CONSULTATION, ORGAN PROCUREMENT, CRITICAL CARE, CARDIAC REHABILITATION AND LIFE-LONG FOLLOW-UP CARE - COMPREHENSIVE PROGRAMS, SERVICES AND SUPPOR THE CENTER FOR CANCER AND BLOOD DISORDERS OUR FAMILY-CENTERED APPROACH GIVES OUR TEAM THE FOCUS NEEDED TO PROVIDE PURPOSEFUL, COMPASSIONATE AND PERSONALIZED CARE TO EVERY SINGLE ONE OF OUR PATIENTS. EACH CHILD GETS THEIR VERY OWN TEAM OF PHYSICIANS, NURSES, SOCIAL WORKERS, PHYSICAL THERAPISTS, NUTRITIONISTS AND MORE - A TEAM THAT PROVIDES CARE DURING TREATMENT AND THROUGHOUT THE HEALING PROCESS. OUR CENTER IS MADE UP OF TOP-OF-THEIR-FIELD SPECIALISTS, EACH WITH A SPECIFIC AREA OF EXPERTISE WITHIN THE HEMATOLOGY AND ONCOLOGY FIELDS. ENCOURAGING EACH PROVIDER TO SPECIALIZE IN PARTICULAR DISEASES HAS ALLOWED US TO KEEP UP WITH THE LATEST ADVANCEMENTS IN THE TREATMENT OF CANCER AND HEMATOLOGIC DISORDERS. AS A RESULT, WE CAN PROVIDE THE KIND OF CARE AND PROGRAMS OUR PATIENTS NEED AND DESERVE, GIVING THEM HEALING AND THEIR FAMILY'S PEACE OF MIND. BARROW NEUROLOGICAL INSTITUTE AT PCH FOR THE 13TH CONSECUTIVE YEAR, U.S. NEWS & WORLD REPORT RANKED PHOENIX CHILDREN'S AMONG THE NATION'S "BEST CHILDREN'S HOSPITALS," INCLUDING THE #1 CHILDREN'S HOSPITAL IN ARIZONA FOR THE THIRD CONSECUTIVE YEAR. THE 2023-24 RANKINGS INCLUDE A NUMBER OF SPECIALTIES AT PHOENIX CHILDREN'S RATED AMONG THE TOP 50 PROGRAMS IN THE NATION. OUR MISSION IS TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF CHILDREN WITH NEUROLOGICAL, BEHAVIORAL, AND MENTAL HEALTH DISEASES AND DISORDERS. IN ADDITION TO PATIENT CARE, WE BETTER OURSELVES THROUGH THE DEVELOPMENT OF STRATEGIC PARTNERSHIPS WITH CLINICAL RESEARCH GROUPS LOCALLY, NATIONALLY AND INTERNATIONALLY. THIS EMPHASIS ON LEARNING CARRIES OVER TO OUR TEACHING AND PROFESSIONAL EDUCATIONAL PROGRAMS. EDUCATION IS VITAL TO OUR VISION. WE HAVE SEVERAL ACCREDITED RESIDENCY AND FELLOWSHIP PROGRAMS, DESIGNED TO CONTINUALLY IMPROVE CARE THROUGH RESEARCH AND EDUCATION. OUR ADDED LABORATORIES STRIVE TO MAKE DISCOVERIES THAT LEAD TO ADVANCES IN NEUROSCIENCE DIAGNOSIS AND TREATMENT OPTIONS. WE ARE A PREMIER CENTER OF EXCELLENCE AND DESTINATION FOR MANAGEMENT AND CURE OF NEUROLOGICALLY-RELATED PEDIATRIC DISEASES/DISORDERS BY PROVIDING THOROUGH, HIGH QUALITY PATIENT AND FAMILY-CENTERED CARE. COMBINE THAT WITH STATE-OF-THE-ART CLINICAL AND TRANSLATIONAL RESEARCH, AND OUR PROFESSIONAL AND COMMUNITY EDUCATION PROGRAMS, AND YOU HAVE ONE OF THE BEST PEDIATRIC NEUROLOGICAL INSTITUTES IN THE WORLD. BARROW NEUROLOGICAL INSTITUTE AT PHOENIX CHILDREN'S IS RECOGNIZED AS THE ONLY CHILDREN'S HOSPITAL IN ARIZONA WITH A LEVEL 4 DESIGNATION BY THE NATIONAL ASSOCIATION OF EPILEPSY CENTERS. LEVEL 4 EPILEPSY CENTERS HAVE THE PROFESSIONAL EXPERTISE AND FACILITIES TO PROVIDE THE HIGHEST-LEVEL MEDICAL AND SURGICAL EVALUATION AND TREATMENT FOR THOSE WITH COMPLEX EPILEPSY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director/chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director/vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director/president & CEO | OfficerTrustee | 37 | $3,579,364 |
Name Not Listed President, Medical Staff | Trustee | 40 | $642,618 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Vp, Medical Staff | Trustee | 40 | $255,451 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kitchell Construction | 12/30/23 | $118,549,747 |
Sodexo Inc And Affiliates Outsourcing | 12/30/23 | $26,059,931 |
Dpr Construction Construction | 12/30/23 | $23,630,040 |
Medefis Consolidated Inc Outsourcing | 12/30/23 | $12,746,178 |
Allscripts Healthcare Llc Outsourcing | 12/30/23 | $5,394,470 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $14,926,160 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,926,160 |
Total Program Service Revenue | $1,421,117,588 |
Investment income | $44,496,423 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$325,709 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,480,711,862 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $15,591 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $14,716,657 |
Compensation of current officers, directors, key employees. | $14,716,657 |
Compensation to disqualified persons | $685,552 |
Other salaries and wages | $660,402,597 |
Pension plan accruals and contributions | $19,579,746 |
Other employee benefits | $80,040,650 |
Payroll taxes | $40,061,633 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,258,253 |
Fees for services: Accounting | $425,000 |
Fees for services: Lobbying | $76,371 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $399,018 |
Fees for services: Other | $98,959,167 |
Advertising and promotion | $8,094,416 |
Office expenses | $13,003,514 |
Information technology | $18,349,684 |
Royalties | $0 |
Occupancy | $19,949,320 |
Travel | $2,358,491 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,315,692 |
Interest | $18,761,912 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $53,562,921 |
Insurance | $12,483,179 |
All other expenses | $21,271,860 |
Total functional expenses | $1,317,475,021 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $291,248,584 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $200,218,669 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $20,931,127 |
Prepaid expenses and deferred charges | $16,853,485 |
Net Land, buildings, and equipment | $731,072,424 |
Investments—publicly traded securities | $1,220,995,152 |
Investments—other securities | $0 |
Investments—program-related | $2,030,239 |
Intangible assets | $24,871,061 |
Other assets | $170,542,586 |
Total assets | $2,678,763,327 |
Accounts payable and accrued expenses | $199,084,677 |
Grants payable | $0 |
Deferred revenue | $5,044,405 |
Tax-exempt bond liabilities | $743,708,530 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $295,661,696 |
Total liabilities | $1,243,499,308 |
Net assets without donor restrictions | $1,423,571,723 |
Net assets with donor restrictions | $11,692,296 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,678,763,327 |
Over the last fiscal year, Phoenix Childrens Hospital has awarded $40,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN HEART ASSOCIATION PURPOSE: PROGRAM SUPPORT | $25,000 |
INST FOR MENTAL HEALTH RESEARCH PURPOSE: PROGRAM SUPPORT | $10,000 |
RONALD MCDONALD HOUSE CHARITIES PURPOSE: PROGRAM SUPPORT | $5,000 |