The Charles River School
The Charles River School reported $11.1 million in revenue and $11.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $65.53 went to program services, $32.19 to management and general costs and $2.28 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.6% of the total. The highest compensation it reported for one person was $338,634 (HEAD OF SCHOOL). 10 people received more than $100,000 in reportable compensation. Revenue rose 16% 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 $11MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 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 $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 65.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 32.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.20 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 11.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 83.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $338,634 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.98% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 10 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 23.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 22 | 100.0% |
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 expenseSchool - Charles River School is a pre-kindergarten through grade 8 independent school committed to academic excellence and the joy of childhood, fostering intellectual curiosity, critical thinking, and the development of the whole child
Summer program - crs summer is the summer session of Charles River School serving campers ages 4-15. The program offers structured experiences in performing and visual arts, nature studies, STEM, leadership development, and athletics. Through hands-on, age-appropriate activities, participants explore personal interests, build skills, and strengthen social connections in a safe and engaging environment that supports both enrichment and academic growth
Extended day program - the extended day program (edp) at Charles River School provides supervised after-school care as a continuation of the regular school day. The program includes structured enrichment opportunitiessuch as martial arts, dance, and creative arts - along with time for recreation, social interaction, and academics in a safe, supportive environment
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 |
|---|---|---|---|---|
| HEAD OF SCHOOL Officer, 40.00 hrs/week | $304,454 | $0 | $34,180 | $338,634 |
| ASSOC. HEAD OF SCHOOL (UNTIL 6/2025) Highest compensated employee, 40.00 hrs/week | $150,479 | $0 | $18,746 | $169,225 |
| DIR. OF COMMUNITY ENGAGEMENT Highest compensated employee, 40.00 hrs/week | $136,447 | $0 | $15,449 | $151,896 |
| DIRECTOR OF IT Highest compensated employee, 40.00 hrs/week | $115,575 | $0 | $21,568 | $137,143 |
| EXEC. ASSIST. TO THE HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week | $116,855 | $0 | $7,879 | $124,734 |
| DIRECTOR OF MARKETING Highest compensated employee, 40.00 hrs/week | $117,463 | $0 | $7,220 | $124,683 |
| CFO (AS OF 10/2024) Officer, 40.00 hrs/week | $40,803 | $0 | $5,143 | $45,946 |
10 people received more than $100,000 in reportable compensation from The Charles River School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $719K (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–1b22 · 7 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 4No
- 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 5104
- Volunteers Part I, line 645
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| COMPASS GROUP Food services | $478,089 |
| ME O'BRIEN & SONS INC Construction | $402,123 |
| LOCAL MOTION OF BOSTON INC Transportation services | $154,084 |
| NEW SILVER ENGINEERING LLC Heating ventilating and air conditioning | $134,959 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
11 private foundations reported grants to The Charles River School totaling $156K 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 The Charles River School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Charles River School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Charles River School spent in FY2025, $65.53 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Waldorf School of the PeninsulaLos Altos, CA · revenue $11M · programs 76.6% · FY2025
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- University of North Florida Financing CorporationJacksonville, FL · revenue $11M · programs 99.6% · FY2025
- Mastery Charter School John Wister CampusPhiladelphia, PA · revenue $11M · programs 84.4% · FY2025
- Na Aikane O MauiLahaina, HI · revenue $11M · programs 98.8% · 2024
All education charities · Largest charities in Massachusetts
Questions people ask
How much of The Charles River School's spending goes to programs?
In the fiscal year ending June 30, 2025, The Charles River School reported that 65.5% of its $11.4 million in expenses went to program services, 32.2% to management and general and 2.3% to fundraising (Form 990, Part IX).
How much does The Charles River School pay its top executive?
The largest total compensation The Charles River School reported for one person in the fiscal year ending June 30, 2025 was $338,634, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Charles River School get its money?
Of $11.1 million in revenue in the fiscal year ending June 30, 2025, 11.5% came from contributions and grants and 83.6% from program service revenue (Form 990, Part VIII).
Is The Charles River School a registered charity?
The IRS lists EIN 04-2103974 as a 501(c)(3) organization (school), 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 202621349349303892 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349307226 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349310755 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331309349303013 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349305217 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141309349301684 · read the filing
All filings for EIN 04-2103974: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.