Reading Hospital
West Reading, Pennsylvania
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 354 peers in Health Care with >$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 | $1,383,023,429↑7% | $1,209,551,696↑9% | $1,004,570,287↓5% | — |
| 2022 | $1,290,581,797↑2% | $1,105,982,377↑3% | $1,060,006,522 | — |
| 2021 | $1,263,841,038↑22% | $1,076,570,863↑11% | $1,056,250,681↓11% | — |
| 2020 | $1,035,019,113↑1% | $971,538,717↑8% | $1,183,713,752↑14% | — |
| 2019 | $1,021,434,273↑4% | $895,857,466↑2% | $1,033,939,184↑13% | — |
| 2018 | $986,682,160↑7% | $876,260,974↑3% | $911,411,555↑8% | — |
| 2017 | $925,976,260↑7% | $849,833,785↑7% | $846,227,245↓6% | — |
| 2016 | $869,081,227↑9% | $794,834,324↑2% | $895,645,440↑2% | — |
| 2015 | $797,380,256↓1% | $782,782,563↑1% | $873,905,806↑2% | — |
| 2014 | $803,742,627 | $778,819,984↑7% | $855,324,800↓8% | — |
| 2013 | $806,347,423↓1% | $726,859,236↓1% | $926,283,621↑1% | — |
| 2012 | $811,499,191↑5% | $732,664,961↑6% | $915,035,276↑7% | — |
| 2011 | $776,388,616 | $694,396,313 | $855,456,958 | — |
Frequently Asked Questions
What does Reading Hospital do?▼
Reading Hospital is a health care nonprofit organization based in Pennsylvania. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Reading Hospital financially healthy?▼
Based on our 9-metric Financial Health Score model, Reading Hospital has a score of 46/100 (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 Reading Hospital generate?▼
Reading Hospital reports $1.5B in annual revenue and holds $1.0B in total assets, based on IRS filings.
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