Reading Hospital
Reading Hospital reported $1.59 billion in revenue and $1.36 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.13 went to program services, $10.87 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.0% of the total. The highest compensation it reported for one person was $1,229,468 (PRES & CEO). 1,280 people received more than $100,000 in reportable compensation. Revenue rose 53% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.36BFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $1.59BThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.9% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.6% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,229,468 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.09% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,280 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -4.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 11 of 14 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseInpatient 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…
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…
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…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRES & CEO Director/trustee, officer, 52.00 hrs/week | $990,066 | $0 | $239,402 | $1,229,468 |
| COO Key employee, 52.00 hrs/week | $730,534 | $0 | $121,274 | $851,808 |
| EVP/CHIEF PE Highest compensated employee, 50.00 hrs/week | $676,930 | $0 | $102,432 | $779,362 |
| BOARD TREAS Officer, 25.00 hrs/week | $652,533 | $0 | $96,059 | $748,592 |
| SVP CHIEF AC Highest compensated employee, 50.00 hrs/week | $647,510 | $0 | $88,118 | $735,628 |
| SVP CIO Highest compensated employee, 50.00 hrs/week | $562,874 | $0 | $101,470 | $664,344 |
| BOARD MEMBER Director/trustee, 2.00 hrs/week | $0 | $589,921 | $45,955 | $635,876 |
| BOARD TREAS Officer, 26.00 hrs/week | $0 | $535,846 | $81,668 | $617,514 |
1,280 people received more than $100,000 in reportable compensation from Reading Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 57,276
- Volunteers Part I, line 6209
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PHARMACY HEALTHCARE SOLUTIONS Contracting | $9,855,232 |
| AMN HEALTHCARE INC Contracting | $6,996,985 |
| BERKS SCHUYLKILL RESPIRATORY SPEC Physician fees | $4,679,567 |
| BERKS RADIATION ONCOLOGY ASSOC PC Physician fees | $3,197,011 |
Individuals listed as contractors are left out. 51 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Reading Hospital totaling $25,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Reading Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Reading Hospital, you can publish a response that is linked from this page.
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Of every $100 Reading Hospital spent in FY2025, $89.13 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Shriners Hospitals for ChildrenTampa, FL · revenue $1.58B · programs 73.4% · 2025
- Miami Valley HospitalDayton, OH · revenue $1.60B · programs 97.7% · 2024
- University of Wisconsin Medical FoundationMiddleton, WI · revenue $1.57B · programs 98.3% · FY2025
- BayCare Health SystemClearwater, FL · revenue $1.61B · programs 91.3% · 2024
- Forsyth Memorial HospitalWinston Salem, NC · revenue $1.56B · programs 81.9% · 2024
All health care charities · Largest charities in Pennsylvania
Questions people ask
How much of Reading Hospital's spending goes to programs?
In the fiscal year ending June 30, 2025, Reading Hospital reported that 89.1% of its $1.36 billion in expenses went to program services, 10.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Reading Hospital pay its top executive?
The largest total compensation Reading Hospital reported for one person in the fiscal year ending June 30, 2025 was $1,229,468, for the role of PRES & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Reading Hospital get its money?
Of $1.59 billion in revenue in the fiscal year ending June 30, 2025, 0.6% came from contributions and grants (including 0.1% from government grants) and 87.0% from program service revenue (Form 990, Part VIII).
Is Reading Hospital a registered charity?
The IRS lists EIN 23-1352204 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349304657 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349303548 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349302711 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349304050 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221339349301932 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121329349302942 · read the filing
All filings for EIN 23-1352204: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.