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Corporation of St Timothy's School

Stevenson, MD · EIN 52-0591488 · 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

Corporation of St Timothy's School reported $14.2 million in revenue and $15.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.07 went to program services, $17.85 to management and general costs and $4.08 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 72.4% of the total. Government grants made up 6.1%. The highest compensation it reported for one person was $472,192 (HEAD OF SCHOOL). 5 people received more than $100,000 in reportable compensation. Revenue rose 15% 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 $15M

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 $14M

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)
78.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
17.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.22$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
19.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
6.1%1.1%
Program service revenue share
Part VIII 2g ÷ 12
72.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$472,192$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.13%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
34.513.3
Independent voting board members
Part VI 1a–1b
24 of 24100.0%

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
$12M expenses · 100.0% of program spending · grants $4.5M · revenue $10M

Providing boarding and day students grade 9-12 with an unparalleled setting, strong community, comprehensive resources, and premier education based on the international baccalaureate diploma program

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
HEAD OF SCHOOL
Officer, 40.00 hrs/week
$379,393$0$92,799$472,192
BUSINESS MANAGER/CFO
Officer, 40.00 hrs/week
$210,512$0$10,055$220,567
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$144,277$0$22,173$166,450
DIRECTOR OF IT
Highest compensated employee, 40.00 hrs/week
$116,534$0$16,406$132,940
DEAN OF STUDENTS
Highest compensated employee, 40.00 hrs/week
$100,002$0$16,200$116,202

5 people received more than $100,000 in reportable compensation from Corporation of St Timothy's School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $764K (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$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$14M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$14M$15M78.1%$43M$472,192
FY2024 ⓘ$14M$14M78.6%$43M$456,620
FY2023 ⓘ$13M$14M77.4%$42M$445,439
FY2022 ⓘ$12M$13M77.3%$41M$435,533
FY2021 ⓘ$13M$12M75.8%$45M$436,489
FY2020 ⓘ$12M$13M76.2%$42M$430,019

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–1b24 · 24 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

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
BON APPE'TIT
Food service
$889,193

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

22 private foundations reported grants to Corporation of St Timothy's School totaling $722K 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 Corporation of St Timothy's 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 Corporation of St Timothy's School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Maryland

Questions people ask

How much of Corporation of St Timothy's School's spending goes to programs?

In the fiscal year ending June 30, 2025, Corporation of St Timothy's School reported that 78.1% of its $15.1 million in expenses went to program services, 17.8% to management and general and 4.1% to fundraising (Form 990, Part IX).

How much does Corporation of St Timothy's School pay its top executive?

The largest total compensation Corporation of St Timothy's School reported for one person in the fiscal year ending June 30, 2025 was $472,192, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Corporation of St Timothy's School get its money?

Of $14.2 million in revenue in the fiscal year ending June 30, 2025, 19.6% came from contributions and grants (including 6.1% from government grants) and 72.4% from program service revenue (Form 990, Part VIII).

Is Corporation of St Timothy's School a registered charity?

The IRS lists EIN 52-0591488 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 202631249349301328 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531269349301943 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349303151 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349304984 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211329349302611 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121309349303387 · read the filing

All filings for EIN 52-0591488: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.