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Pennsylvania · Nonprofit

READING HOSPITAL

READING HOSPITAL (Pennsylvania) receives grants from 16 organizations whose IRS filings report $4,276,990 to it, the largest being COUNCIL ON CHEMICAL ABUSE INC ($2,713,258). 9 of them have funded it in more than one year.

Revenue FY2025
$1.6B
Funders on record
16
Grants received
$4.3M
Net assets
$-530480462
9/16 repeat funderspeak grant-dependency 0%
01What it does

What Reading Hospital does

Mission

Website: www.towerhealth.org/locations/reading-hospital the mission of Reading Hospital is to provide compassionate, accessible, high-quality, cost-effective healthcare to the community; to promote health; to education healthcare professionals; and to participate in appropriate clinical research. In addition to its primary role as a provider of direct care, Reading Hospital addresses issues outside that real that impact health and wellness. In fact, a key part of our mission means the reinvestment of resources into these efforts, which are collectively known as community benefit. We are proud to report that in our last fiscal year (fy2024), we committed nearly 168m to this cause. Reading Hospital's community wellness department supports the hospital's community engagement and community benefit endeavors. The department's mission is three pronged and seeks to lead, partner, and invest in strategic health initiatives that target the underserved, address health disparities and social dete

As stated on its FY2025 Form 990.

Programs

  1. Inpatient care - 210,066 patient days Reading Hospital provides 725 beds for provision of comprehensive inpatient, outpatient, and emergent care. Inpatient care is provided in 2 critical care units, 2 intermediate care units, 3 acute rehabilitation units, and 13 medical surgical units with sub-specialties that include oncology, neurology, cardiology, heart failure, orthopedics, trauma, bariatric surgery, and medical complexity. In addition, Reading Hospital provides comprehensive maternal child health services that include obstetrics, neonatal intensive care, inpatient pediatric medical surgical care, and pediatric emergency services. Inpatient services are supported by hospital-based hemodialysis, apheresis, and vascular access services. Reading Hospital inpatient care offers the following high-level services to support communities within both its primary and secondary markets: 1. Regional cancer and cardiac centers 2. Completed survey to advance to a comprehensive stroke program 3. Virtual nursing (patient observation and virtual admissions) 4. Advanced certification for our hip/knee joint replacement program 5. Certification in bariatric care 6. Certified advanced pediatric…

    $213,822,507 spent$320,809,086 earned by the program
    18% of program spending
  2. Operating room - 19,548 total surgeries Reading Hospital operates in a market served by nearly 20 specialty, investor-owned facilities, which carve out the best paying insurance plans, the highest margin procedures, and the least complicated patients to serve. By continuing to provide a full-service surgical service, Reading Hospital offers the most advanced surgical options, from robotic assisted, minimally invasive surgery to a full spectrum of outpatient surgical options. Reading Hospital ensures the community has access to surgical specialties that may be experiencing shortages elsewhere in the country. Reading Hospital supports its surgeons in their fellowship training and recruits and retains surgeons in areas like plastic surgery - available only during limited hours or not at all, in other hospitals in its market.

    $77,608,870 spent$161,199,333 earned by the program
    6% of program spending
  3. Mcglinn cancer institute 28,141 procedures the mcglinn cancer institute, located within the Reading Hospital, is primarily an out-patient facility which houses the sections of radiation oncology, hematology/oncology, and gynecological oncology. The annual total of patients who were diagnosed and/or treated in fy25 were 1,843. Upon diagnosis, a nurse navigator contacts each patient to offer information and support. Most patients are seen in one of our multi-disciplinary clinics based on the type of malignancy diagnosed. This includes thoracic, malignant hematology, breast, genito-urinary, gynecological, neurology, and gastro-intestinal clinics - most held on a weekly basis. Every clinic has its specific team of providers - surgeons, radiation oncologists, medical oncologists, radiologists, pathologists, nurse navigators, genetic counselors, and physical therapists - who confer and collaborate to design a unique treatment plan for each individual patient. Every case is reviewed for possible inclusion in one of the many clinical trials offered on site. Once a plan of action has been recommended by the team, the patient is seen in consult by the providers who will be responsible for…

    $96,334,479 spent$165,573,012 earned by the program
    8% of program spending
  4. Expenses incurred in providing various other medically necessary healthcare services include but are not limited to: revenue expense radiology 210,005,416 32,550,973 rehabilitation/physical therapy 50,758,394 34,259,126 trauma center 4,035,139 3,114,620 pharmacy 47,369,183 42,066,979 ancilliary 134,793,430 99,016,302 Reading Hospital provides services to all individuals in a non- discriminatory manner regardless of race, color, creed, sex, national origin, or ability to pay.

    $827,516,753 spentof which $111,182 as grants$750,615,120 earned by the program
    68% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,215,282,609.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($926M) Expenses 100 ($850M) Net assets -18 ($-30306270)2018 Revenue 107 ($987M) Expenses 103 ($876M) Net assets 100 ($166M)2019 Revenue 110 ($1.0B) Expenses 105 ($896M) Net assets 147 ($244M)2020 Revenue 112 ($1.0B) Expenses 114 ($972M) Net assets 84 ($140M)2021 Revenue 136 ($1.3B) Expenses 127 ($1.1B) Net assets 39 ($65M)2022 Revenue 139 ($1.3B) Expenses 130 ($1.1B) Net assets -194 ($-322694399)2023 Revenue 149 ($1.4B) Expenses 142 ($1.2B) Net assets -375 ($-622214808)2024 Revenue 164 ($1.5B) Expenses 148 ($1.3B) Net assets -344 ($-570550637)2025 Revenue 171 ($1.6B) Expenses 160 ($1.4B) Net assets -320 ($-530480462)
'17'18'19'20'21'22'23'24'25
Revenue (171)Expenses (160)Net assets (-320)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.0B to $1.2B (+14%).

$846M
$911M
$1.0B
$1.2B
$1.1B
$1.1B
$1.0B
$1.0B
$995M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 5% · 2021 1% · 2022 0% · 2023 1% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of READING HOSPITAL’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$76M
’17
$110M
’18
$126M
’19
$63M
’20
$187M
’21
$185M
’22
$173M
’23
$263M
’24
$222M
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Charles Barbera Md

Pres & CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed282726303532323125
Joined·+3+12+6+9+3+7+7+3
No longer listed·413246789
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 8 funders to 4 funders, grant income fell $526k → $384k.

Left out of every figure on this page: $18M from 2 payers (the payer shares this organization's board, largest Reading Hospital Foundation). These are real filings, and they are not money READING HOSPITAL raised.

From the IRS filings of READING HOSPITAL’s funders (the co-funder graph). Top 15 of 16 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

READING HOSPITAL leans on a few funders — its largest provides 63% of grant income and the top three 86%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund READING HOSPITAL.

63%
largest funder
86%
top three
~2
effective funders

Largest funder’s share by year: 2017 63% · 2018 56% · 2019 62% · 2020 66% · 2021 66% · 2022 57% · 2023 74% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

36% of READING HOSPITAL's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

79% of READING HOSPITAL's grant income comes from Pennsylvania funders.

NY
PA
MO
MD
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

READING HOSPITAL runs a healthier operating margin than three-quarters of the 1,241 health nonprofits its size.

Operating margin14% · top quartile
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Government funding READING HOSPITAL receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10.3M on record — $10.3M federal, $24k state.

Federal$10.3M
grants $10.3Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Health and Human Services$8.5M
  • Department of Education$1.8M
State$24k
17
18
20
21
22
23
24
25
Top programs
  • (RR) BENEFIT PROGRAMS$24k
  • (JJ) OPERATIONAL SERVICES$245

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like READING HOSPITAL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

14
board members
79%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

PA

Part of a family of 10 related entities

  • Tower Health · exempt
  • The Rdg Hospital & Med Center Self- · exempt
  • Tower Health Medical Group · exempt
  • Reading Hospital Foundation · exempt
  • Tower Health at Home · exempt

Screen this organization

A dated, signed PDF of the compliance screen for READING HOSPITAL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds READING HOSPITAL?
READING HOSPITAL (Pennsylvania) receives grants from 16 organizations whose IRS filings report $4,276,990 to it, the largest being COUNCIL ON CHEMICAL ABUSE INC ($2,713,258). 9 of them have funded it in more than one year.
How many funders does READING HOSPITAL have?
IRS filings report 16 organizations giving $4,276,990 in grants to READING HOSPITAL, 9 of which have funded it in more than one year.
Who is the largest funder of READING HOSPITAL?
COUNCIL ON CHEMICAL ABUSE INC is the largest funder on record, with $2,713,258 in grants. The full list of funders is on this page.
How can an organization like READING HOSPITAL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing