Malvern Preparatory School
Malvern Preparatory School reported $48.1 million in revenue and $34.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $77.41 went to program services, $17.05 to management and general costs and $5.54 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 58.4% of the total. The highest compensation it reported for one person was $419,406 (HEAD OF SCHOOL, TRUSTEE). 12 people received more than $100,000 in reportable compensation. Revenue rose 69% 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 $34MFor 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 $48MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.10 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 37.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 58.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $419,406 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.22% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 12 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 34.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 26 of 27 | 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 expenseHighest 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, TRUSTEE Key employee, 40.00 hrs/week | $374,754 | $0 | $44,652 | $419,406 |
| CFO Key employee, 40.00 hrs/week | $230,316 | $0 | $30,593 | $260,909 |
| ASSOC HEAD OF SCHOOL Key employee, 40.00 hrs/week | $194,854 | $0 | $24,927 | $219,781 |
| DIR. FACILITY OPERATIONS Key employee, 40.00 hrs/week | $178,974 | $0 | $23,422 | $202,396 |
| EXEC. DIR. OF HR Key employee, 40.00 hrs/week | $156,521 | $0 | $26,350 | $182,871 |
| DIR. OF ENROLLMENT MANAGEMENT Key employee, 40.00 hrs/week | $150,992 | $0 | $26,149 | $177,141 |
| ENGLISH TEACHER Highest compensated employee, 40.00 hrs/week | $147,078 | $0 | $29,067 | $176,145 |
| DIR. OF ROSENGARTEN RANCH Highest compensated employee, 40.00 hrs/week | $144,654 | $0 | $28,705 | $173,359 |
12 people received more than $100,000 in reportable compensation from Malvern Preparatory School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $262K (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–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 14No
- 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 5273
- Volunteers Part I, line 675
Private foundation grants it received
15 private foundations reported grants to Malvern Preparatory 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 Malvern Preparatory 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 Malvern Preparatory School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Malvern Preparatory School spent in FY2025, $77.41 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Yosemite Valley Charter SchoolFresno, CA · revenue $48M · programs 91.6% · FY2025
- Colby-Sawyer CollegeNew London, NH · revenue $48M · programs 74.0% · FY2025
- COMMIT2DALLASDallas, TX · revenue $48M · programs 83.5% · FY2025
- Carnegie Library of PittsburghPittsburgh, PA · revenue $48M · programs 85.1% · 2025
- University of Saint MaryLeavenworth, KS · revenue $48M · programs 87.6% · FY2025
Questions people ask
How much of Malvern Preparatory School's spending goes to programs?
In the fiscal year ending June 30, 2025, Malvern Preparatory School reported that 77.4% of its $34.4 million in expenses went to program services, 17.1% to management and general and 5.5% to fundraising (Form 990, Part IX).
How much does Malvern Preparatory School pay its top executive?
The largest total compensation Malvern Preparatory School reported for one person in the fiscal year ending June 30, 2025 was $419,406, for the role of HEAD OF SCHOOL, TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Malvern Preparatory School get its money?
Of $48.1 million in revenue in the fiscal year ending June 30, 2025, 37.9% came from contributions and grants and 58.4% from program service revenue (Form 990, Part VIII).
Is Malvern Preparatory School a registered charity?
The IRS lists EIN 23-1352658 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 202611179349301136 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501019349300620 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401229349300905 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340399349300314 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220399349300902 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130299349301428 · read the filing
All filings for EIN 23-1352658: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.