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Haverford School

Haverford, PA · EIN 23-1352646 · 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

Haverford School reported $55.8 million in revenue and $51.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.80 went to program services, $11.72 to management and general costs and $7.48 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 73.4% of the total. The highest compensation it reported for one person was $648,396 (HEADMASTER). 53 people received more than $100,000 in reportable compensation. Revenue rose 19% 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 $52M

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 $56M

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.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
7.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.35$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
19.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
73.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$648,396$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.25%1.28%
People paid over $100,000
Part VII, line 2
538
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
44.613.3
Independent voting board members
Part VI 1a–1b
26 of 27100.0%

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
$42M expenses · 100.0% of program spending · grants $10M · revenue $41M

Preparing young men academically for the future is undoubtedly one of the most valuable benefits of a haverford education. But more importantly, we give boys a foundation of skills they need to lead a fulfilling and meaningful life. As our statement of vision reads, "the haverford faculty prepares each boy to be future-ready through developing his character and his emotional intelligence, as well as his academic, artistic, and athletic talents."the Haverford School incurs direct instructional expenses in pre-kindergarten through grade 12, athletic programs, and other extra-curricular activity…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEADMASTER
Director/trustee, officer, 40.00 hrs/week
$556,392$0$92,004$648,396
ASSISTANT HEADMASTER
Key employee, 40.00 hrs/week
$323,520$0$34,499$358,019
CFO
Officer, 40.00 hrs/week
$265,381$0$45,380$310,761
ASST. HEAD OF SCHOOL FOR ACADEMICS
Key employee, 40.00 hrs/week
$189,118$0$71,851$260,969
HEAD OF MIDDLE SCHOOL
Key employee, 40.00 hrs/week
$222,028$0$37,868$259,896
DIRECTOR OF DEVELOPMENT
Key employee, 40.00 hrs/week
$241,494$0$12,497$253,991
ATHLETIC DIRECTOR
Key employee, 40.00 hrs/week
$205,877$0$37,285$243,162
DIR. OF ADM. & ENROLLMENT MGMT.
Highest compensated employee, 40.00 hrs/week
$131,305$0$78,698$210,003

53 people received more than $100,000 in reportable compensation from Haverford School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (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
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$56M$52M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$56M$52M80.8%$192M$648,396
FY2024 ⓘ$55M$51M79.6%$177M$573,620
FY2023 ⓘ$53M$48M81.6%$166M$624,352
FY2022 ⓘ$54M$45M81.8%$160M$755,136
FY2021 ⓘ$64M$43M79.2%$161M$695,675
FY2020 ⓘ$47M$41M79.3%$139M$658,410

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–1b27 · 26 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 14bYes
  • Employees Part I, line 5348
  • Volunteers Part I, line 658

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SODEXO
Food svc/facility mgt
$5,221,359
RAFFAELE & ASSOCIATES
Legal services
$500,000
FAEGRE DRINKER BIDDLE & REATH LLP
Legal services
$456,860
UNIVERSAL PROTECTION SERVICE LP
Security
$394,418
CP RANKIN INC
Roofing
$387,317

Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.

Private foundation grants it received

30 private foundations reported grants to Haverford School totaling $1.0M 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 Haverford 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 Haverford School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Pennsylvania

Questions people ask

How much of Haverford School's spending goes to programs?

In the fiscal year ending June 30, 2025, Haverford School reported that 80.8% of its $51.7 million in expenses went to program services, 11.7% to management and general and 7.5% to fundraising (Form 990, Part IX).

How much does Haverford School pay its top executive?

The largest total compensation Haverford School reported for one person in the fiscal year ending June 30, 2025 was $648,396, for the role of HEADMASTER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Haverford School get its money?

Of $55.8 million in revenue in the fiscal year ending June 30, 2025, 19.9% came from contributions and grants (including 0.3% from government grants) and 73.4% from program service revenue (Form 990, Part VIII).

Is Haverford School a registered charity?

The IRS lists EIN 23-1352646 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 202600729349300115 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510719349300406 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420599349300812 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349309781 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240959349300449 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140769349300529 · read the filing

All filings for EIN 23-1352646: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.