Tower Health
Reading, Pennsylvania
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 | $531,571,803↓13% | $619,770,704↓16% | $1,705,834,972↑6% | — |
| 2022 | $611,657,602↑9% | $741,567,482 | $1,615,200,431↑3% | — |
| 2021 | $562,187,138↑5% | $741,697,972 | $1,567,530,050↓18% | — |
| 2020 | $534,049,241↓11% | $742,766,413↑7% | $1,916,208,118↑7% | — |
| 2019 | $599,341,349↓1% | $695,383,340↑46% | $1,785,046,902↓12% | — |
| 2018 | $603,474,938↑996% | $476,337,839↑7587% | $2,024,107,424↑34% | — |
| 2017 | $55,052,982↑1813% | $6,196,547↓15% | $1,506,270,845↑4% | — |
| 2016 | $2,877,821↓92% | $7,304,043↓7% | $1,450,160,993↓2% | — |
| 2015 | $37,751,968↓30% | $7,859,371↑144% | $1,479,124,047↓6% | — |
| 2014 | $54,094,478↓31% | $3,222,856↑61% | $1,573,850,225↑6% | — |
| 2013 | $78,513,002↑308% | $2,004,000↓95% | $1,487,171,859↑6% | — |
| 2012 | $19,243,559↓36% | $41,398,104↑4145% | $1,398,096,309↓1% | — |
| 2011 | $30,246,760 | $975,136 | $1,414,819,391 | — |
Frequently Asked Questions
What does Tower Health do?▼
Tower Health 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 Tower Health financially healthy?▼
Based on our 9-metric Financial Health Score model, Tower Health has a score of 37/100 (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 Tower Health generate?▼
Tower Health reports $406.6M in annual revenue and holds $1.6B in total assets, based on IRS filings.
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