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Tower Health

Public charityFed auditsIRS 990990-T FY2023
Other · READING, PA · EIN 23-2201344

About

The mission of tower health 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. Tower health (parent) is a NON-profit healthcare system that provides charitable community-based healthcare services and programs to improve the health and well-being of the people and the communities it serves in the greater berks, montgomery and chester areas through its subsidiaries (see form 990, schedule r). Subsidiaries include but are not limited to chestnut HILL hospital, phoenixville hospital, and pottstown hospital, the three of which are held in single member LLCS that tower health is the SOLE member of. As a result, these are treated as disregarded entities and ALL of their income and activities are reported on tower health's form 990. As a provider of direct care, tower health addresses issues outside that realm that impact health and wellne

Donations are tax-deductible
Category
Other
Employees
4,985
Volunteers
121

Financial Snapshot

FY ending 2023-06-30
Revenue
$531.6M
Expenses
$619.8M
Assets
$1.7B
Liabilities
$1.6B

Financial history

$741.6M$370.8M$0
1617181920212223
RevenueExpenses
Latest FY2023: $531.6M · Peak FY2022: $611.7M · Avg: $400.7M

Foreign activity (Schedule F)

Total spent abroad$56.0M
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AND CARIBBEAN
EUROPE

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$15K
Grants Given
TOWER HEALTH
Your actions

Address

PO BOX 16052
Reading, PA, 19612-605

Governance

Voting board members14
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.