Princeton Day School
Princeton Day School reported $51.6 million in revenue and $52.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.47 went to program services, $13.62 to management and general costs and $3.91 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.7% of the total. The highest compensation it reported for one person was $668,150 (HEAD OF SCHOOL). 66 people received more than $100,000 in reportable compensation. Revenue rose 20% 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 $53MFor 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 $52M- Contributions & grants (non-government)$6.33 $3.3M
- Government grants$0.41 $214K
- Program service revenue$87.28 $45M
- Investment income$5.98 $3.1M
Other revenue was negative: −$244K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.59 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 6.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $668,150 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.26% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 66 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 30.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 18 of 20 | 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 expensePrinceton Day School is an independent prek to 12 institution dedicated to serving approximately 970 students. We foster humanity, creativity, intellect, joy, and stewardship in each of our students and strive to empower every learner to act with wisdom and purpose
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 Director/trustee, officer, 40.00 hrs/week | $503,335 | $0 | $164,815 | $668,150 |
| DIRECTOR OF ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $259,001 | $0 | $138,969 | $397,970 |
| ASSISTANT HOS FINANCE & OPERATIONS Officer, 40.00 hrs/week | $280,273 | $0 | $106,999 | $387,272 |
| CHIEF INFORMATION OFFICER Highest compensated employee, 40.00 hrs/week | $245,568 | $0 | $105,874 | $351,442 |
| ASST HOS/HEAD OF MIDDLE SCHOOL Highest compensated employee, 40.00 hrs/week | $229,938 | $0 | $89,804 | $319,742 |
| ASSOCIATE HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week | $260,250 | $0 | $30,099 | $290,349 |
| HEAD OF LOWER SCHOOL Highest compensated employee, 40.00 hrs/week | $229,109 | $0 | $34,304 | $263,413 |
| FORMER HEAD OF SCHOOL Former, 0.00 hrs/week | $125,000 | $0 | $0 | $125,000 |
66 people received more than $100,000 in reportable compensation from Princeton Day School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $893K (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–1b20 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- 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 14bYes
- Employees Part I, line 5469
- Volunteers Part I, line 6300
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CIMCO REFRIGERATION INC Rink chiller and installation | $685,457 |
| FLIK INDEPENDENT SCHOOLS Food service | $361,709 |
| FOUR SEASONS TRANSPORTATION LLC Transportation | $140,160 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
27 private foundations reported grants to Princeton Day School totaling $246K 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 Princeton Day 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 Princeton Day School, you can publish a response that is linked from this page.
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Of every $100 Princeton Day School spent in FY2025, $82.47 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- University SchoolShaker Heights, OH · revenue $52M · programs 80.3% · FY2025
- Rocky Mountain CollegeBillings, MT · revenue $52M · programs 90.0% · FY2025
- Kent Place SchoolSummit, NJ · revenue $52M · programs 74.3% · FY2025
- Relay Graduate School of EducationNew York, NY · revenue $52M · programs 70.0% · FY2025
- Universidad del Sagrado CorazonSan Juan, PR · revenue $51M · programs 65.5% · FY2025
Questions people ask
How much of Princeton Day School's spending goes to programs?
In the fiscal year ending June 30, 2025, Princeton Day School reported that 82.5% of its $52.9 million in expenses went to program services, 13.6% to management and general and 3.9% to fundraising (Form 990, Part IX).
How much does Princeton Day School pay its top executive?
The largest total compensation Princeton Day School reported for one person in the fiscal year ending June 30, 2025 was $668,150, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Princeton Day School get its money?
Of $51.6 million in revenue in the fiscal year ending June 30, 2025, 6.8% came from contributions and grants (including 0.4% from government grants) and 87.7% from program service revenue (Form 990, Part VIII).
Is Princeton Day School a registered charity?
The IRS lists EIN 21-0727645 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 202601319349303935 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511269349302326 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421089349302012 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331149349300833 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211239349301221 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131239349300718 · read the filing
All filings for EIN 21-0727645: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.