Civic Intelligence

Reading Hospital

990 • Fiscal year 2012 • EIN 23-1352204

Jul 01, 2011 to Jun 30, 2012

West Reading, PA
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.93x

Higher debt load relative to assets than 91% of similar nonprofits.

2012 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2012

Liabilities / Revenue

75th percentile

1.05x

Higher debt load relative to revenue than 75% of similar nonprofits.

2012 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2012

Net Margin

63rd percentile

9.7%

Higher net margin than 63% of similar nonprofits.

2012 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

65th percentile

7.0%

Faster asset growth than 65% of similar nonprofits.

2012 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Assets

Up

$915,035,276

Up $59,578,318 (+7.0%) from 2011

Net Assets

Up

$64,743,485

Up $3,123,228 (+5.1%) from 2011

Liabilities

Up

$850,291,791

Up $56,455,090 (+7.1%) from 2011

Revenue

$811,499,191

No earlier filing loaded for comparison.

Expenses

Up

$732,664,961

Up $38,268,648 (+5.5%) from 2011

Net Income

$78,834,230

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0B$1.0B$0-$1.0BAssets 2010: $819,810,830Liabilities 2010: $827,961,527Net Assets 2010: -$8,150,6972010Assets 2011: $855,456,958Liabilities 2011: $793,836,701Net Assets 2011: $61,620,2572011Assets 2012: $915,035,276Liabilities 2012: $850,291,791Net Assets 2012: $64,743,4852012Assets 2013: $926,283,621Liabilities 2013: $771,996,389Net Assets 2013: $154,287,2322013Assets 2014: $855,324,800Liabilities 2014: $801,285,912Net Assets 2014: $54,038,8882014Assets 2015: $873,905,806Liabilities 2015: $807,041,841Net Assets 2015: $66,863,9652015Assets 2016: $895,645,440Liabilities 2016: $979,458,830Net Assets 2016: -$83,813,3902016Assets 2017: $846,227,245Liabilities 2017: $876,533,515Net Assets 2017: -$30,306,2702017Assets 2018: $911,411,555Liabilities 2018: $745,458,126Net Assets 2018: $165,953,4292018Assets 2019: $1,033,939,184Liabilities 2019: $789,607,224Net Assets 2019: $244,331,9602019Assets 2020: $1,183,713,752Liabilities 2020: $1,043,898,922Net Assets 2020: $139,814,8302020Assets 2021: $1,056,250,681Liabilities 2021: $990,837,672Net Assets 2021: $65,413,0092021Assets 2022: $1,060,006,522Liabilities 2022: $1,382,700,921Net Assets 2022: -$322,694,3992022Assets 2023: $1,004,570,287Liabilities 2023: $1,626,785,095Net Assets 2023: -$622,214,8082023Assets 2024: $1,022,464,769Liabilities 2024: $1,593,015,406Net Assets 2024: -$570,550,6372024

Highlighted filing

2012

Assets$915,035,276
Liabilities$850,291,791
Net Assets$64,743,485

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0B$1.5B$1.0B$500M$0Expenses 2010: $669,865,1652010Expenses 2011: $694,396,3132011Revenue 2012: $811,499,191Expenses 2012: $732,664,961Net Income 2012: $78,834,2302012Expenses 2013: $726,859,2362013Revenue 2014: $803,742,627Expenses 2014: $778,819,984Net Income 2014: $24,922,6432014Revenue 2015: $797,380,256Expenses 2015: $782,782,563Net Income 2015: $14,597,6932015Revenue 2016: $869,081,227Expenses 2016: $794,834,324Net Income 2016: $74,246,9032016Revenue 2017: $925,976,260Expenses 2017: $849,833,785Net Income 2017: $76,142,4752017Revenue 2018: $986,682,160Expenses 2018: $876,260,974Net Income 2018: $110,421,1862018Revenue 2019: $1,021,434,273Expenses 2019: $895,857,466Net Income 2019: $125,576,8072019Revenue 2020: $1,035,019,113Expenses 2020: $971,538,717Net Income 2020: $63,480,3962020Revenue 2021: $1,263,841,038Expenses 2021: $1,076,570,863Net Income 2021: $187,270,1752021Revenue 2022: $1,290,581,797Expenses 2022: $1,105,982,377Net Income 2022: $184,599,4202022Revenue 2023: $1,383,023,429Expenses 2023: $1,209,551,696Net Income 2023: $173,471,7332023Revenue 2024: $1,521,841,456Expenses 2024: $1,258,437,533Net Income 2024: $263,403,9232024

Highlighted filing

2012

Revenue$811,499,191
Expenses$732,664,961
Net Income$78,834,230
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Mission and Program Overview

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 educate 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 realm that impact health and wellness. In fact, a key part of our mission means the reinvestment of our resources into these efforts, which are collectively known as community benefit. 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 and address health disparities and social determinants of health. The community wellness department also manages the community health needs as

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,022$1,593$571$1,522$1,258$263
2023Detailed filing. Detailed filing data is available for this year.$1,005$1,627$622$1,383$1,210$173
2022Detailed filing. Detailed filing data is available for this year.$1,060$1,383$323$1,291$1,106$185
2021Detailed filing. Detailed filing data is available for this year.$1,056$991$65.4$1,264$1,077$187
2020Detailed filing. Detailed filing data is available for this year.$1,184$1,044$140$1,035$972$63.5
2019Detailed filing. Detailed filing data is available for this year.$1,034$790$244$1,021$896$126
2018Detailed filing. Detailed filing data is available for this year.$911$745$166$987$876$110
2017Detailed filing. Detailed filing data is available for this year.$846$877$30.3$926$850$76.1
2016Detailed filing. Detailed filing data is available for this year.$896$979$83.8$869$795$74.2
2015Detailed filing. Detailed filing data is available for this year.$874$807$66.9$797$783$14.6
2014Detailed filing. Detailed filing data is available for this year.$855$801$54.0$804$779$24.9
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$926$772$154$727
2012Summary only. Only limited summary data is available for this year.$915$850$64.7$811$733$78.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$855$794$61.6$694
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$820$828$8.15$670