Public Charity

TOWER HEALTH

TOWER HEALTH is a nonprofit organization categorized as Public Charity based in READING, PA. Its most recent IRS filing (2025) reports revenue of $502.4M, expenses of $500.0M, total assets of $1.7B.

EIN: 232201344 READING, PA General Hospitals NTEE: E22 Latest filing: 2025
Total Revenue$502.4M
Total Expenses$500.0M
Total Assets$1.7B
Grant Records0
Filing Years2021–2025

Mission

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 PHOENIXVILLE HOSPITAL, AND POTTSTOWN HOSPITAL, THE TWO 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 WELLNESS. IN FACT, A KEY PART OF

Where $100 goes at Tower Health

How Tower Health divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$83 Programs the work itself
$17 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $83 for programs

$51
Expenses incurred in providing various other medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin, or ability to…
61% of program spending
$16
Er/nursing inpatient & outpatient program
20% of program spending
$11
Operating room services
14% of program spending · Reported in the filing: 365 patients

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PHYSICIAN Ajay Jani
CMO PHOENIXV Ana Davitt
EVP/CEO PROV Bernard Boulanger
BOARD MEMBER Brent Wagner Md
EVP BUSINESS Dan Ahern
BOARD MEMBER Doug Tieman

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $502.4M $500.0M $1.7B
2024 $406.6M $514.2M $1.6B
2023 $531.6M $619.8M $1.7B
2022 $611.7M $741.6M $1.6B
2021 $562.2M $741.7M $1.6B

Between 2021 and 2025, reported annual revenue declined from $562.2M to $502.4M (-11%), with total assets most recently reported at $1.7B.

Interactive year-over-year charts and full filing details available with membership.

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