The Pingry Corporation

Also known as The Pingry School

Basking Ridge, NJ · EIN 22-1493168 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Pingry Corporation reported $82.8 million in revenue and $79.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.46 went to program services, $9.02 to management and general costs and $4.52 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.4% of the total. The highest compensation it reported for one person was $836,313 (HEAD OF SCHOOL). 147 people received more than $100,000 in reportable compensation. Revenue rose 40% 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 $80M

Program services$86.46 $69M
Management & general$9.02 $7.2M
Fundraising$4.52 $3.6M

For 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 $83M

Contributions & grants (non-government)$10.16 $8.4M
Government grants$0.36 $295K
Program service revenue$81.44 $67M
Investment income$5.86 $4.9M
Other revenue$2.18 $1.8M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	86.5%	84.4%
Management & general Part IX 25(C) ÷ 25(A)	9.0%	13.4%
Fundraising Part IX 25(D) ÷ 25(A)	4.5%	0.8%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.41	$0.04
Contributions & grants share of revenue Part VIII 1h ÷ 12	10.5%	19.1%
Government grants share of revenue Part VIII 1e ÷ 12	0.4%	1.1%
Program service revenue share Part VIII 2g ÷ 12	81.4%	69.9%
Highest reported compensation Part VII-A, columns D–F	$836,313	$331,578
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	1.05%	1.28%
People paid over $100,000 Part VII, line 2	147	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	28.5	13.3
Independent voting board members Part VI 1a–1b	28 of 28	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 expense

$69M expenses · 100.0% of program spending · grants $8.4M · revenue $67M

The pingry school is an educational institution serving grades k-12 with an enrollment of approximately 1,200 students. The school provides need based financial aid to qualifying applicants and tuition remission to children of faculty and staff who are admitted students

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	$562,178	$0	$274,135	$836,313
CHIEF FINANCIAL & OPERATIONS OFFICER Officer, 40.00 hrs/week	$383,605	$0	$108,779	$492,384
ASST HEADMASTER, MIDDLE/UPPER SCHOOL Highest compensated employee, 40.00 hrs/week	$243,424	$0	$168,582	$412,006
DIRECTOR OF INST ADVANCEMENT Highest compensated employee, 40.00 hrs/week	$267,312	$0	$135,855	$403,167
SPECIAL ASST TO THE HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week	$225,760	$0	$35,806	$261,566
DIRECTOR OF UPPER SCHOOL Highest compensated employee, 40.00 hrs/week	$220,868	$0	$36,469	$257,337
DIRECTOR OF MIDDLE SCHOOL Highest compensated employee, 40.00 hrs/week	$230,502	$0	$25,755	$256,257

147 people received more than $100,000 in reportable compensation from The Pingry Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$83M	$80M	86.5%	$189M	$836,313
FY2024 ⓘ	$80M	$76M	86.3%	$175M	$791,356
FY2023 ⓘ	$65M	$72M	85.5%	$165M	$586,740
FY2022 ⓘ	$74M	$68M	86.5%	$168M	$669,359
FY2021 ⓘ	$71M	$65M	83.7%	$187M	$619,934
FY2020 ⓘ	$59M	$65M	76.8%	$157M	$984,683

Governance 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–1b28 · 28 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 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 5547
Volunteers Part I, line 6250

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

SAGE DINING SERVICES Student food services	$2,903,950
HENDRY CONSTRUCTION SERVICES INC Construction services	$1,673,221
ATHLETIC FIELDS OF AMERICA Construction services	$1,095,623
KENSINGTON BUS COMPANY INC Transportation services	$971,073
IBS - BUILDING SERVICES CONTRACTORS INC Cleaning services	$905,576

Individuals listed as contractors are left out. 38 contractors were paid more than $100,000 in all.

Private foundation grants it received

33 private foundations reported grants to The Pingry Corporation totaling $555K 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 Pingry Corporation'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 Pingry Corporation, you can publish a response that is linked from this page.

Report a correction Respond as The Pingry Corporation How this works

Similar-sized charities in this cause

ASU Preparatory Academy
Tempe, AZ · revenue $83M · programs 69.1% · FY2025
Marshall B Ketchum University
Fullerton, CA · revenue $83M · programs 83.7% · FY2025
Jubilee Academic Center
San Antonio, TX · revenue $83M · programs 66.3% · FY2025
Coalition for the Common Good
Yellow Springs, OH · revenue $83M · programs 85.7% · FY2025
Ross Education Holdings
Clinton Township, MI · revenue $83M · programs 79.3% · FY2025

All education charities · Largest charities in New Jersey

Questions people ask

How much of The Pingry Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, The Pingry Corporation reported that 86.5% of its $79.8 million in expenses went to program services, 9.0% to management and general and 4.5% to fundraising (Form 990, Part IX).

How much does The Pingry Corporation pay its top executive?

The largest total compensation The Pingry Corporation reported for one person in the fiscal year ending June 30, 2025 was $836,313, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Pingry Corporation get its money?

Of $82.8 million in revenue in the fiscal year ending June 30, 2025, 10.5% came from contributions and grants (including 0.4% from government grants) and 81.4% from program service revenue (Form 990, Part VIII).

Is The Pingry Corporation a registered charity?

The IRS lists EIN 22-1493168 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 202601339349306755 · read the filing · XML
FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531279349303868 · read the filing
FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411319349302921 · read the filing
FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301299349303325 · read the filing
FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221309349304087 · read the filing
FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101259349301600 · read the filing

All filings for EIN 22-1493168: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.