The Lovett School
The Lovett School reported $92.1 million in revenue and $76.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.11 went to program services, $12.93 to management and general costs and $4.96 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 68.5% of the total. The highest compensation it reported for one person was $945,244 (CEO/HEAD OF SCHOOL). 65 people received more than $100,000 in reportable compensation. Revenue rose 63% 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 $77MFor 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 $92MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 24.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 68.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $945,244 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.23% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 65 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 46.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 26 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 expenseThe Lovett School was founded in 1926 by eva edwards lovett and retains her emphasis on the development of the whole child. Lovett believes that it is the school's responsibility to develop the fundamental skills, a love of learning, and the application of good judgement to what is learned. Distinctive features of the curriculum include experiential education and interdisciplinary studies. Comprehensive fine arts programs are offered in each school division and a full athletic program provides each student an opportunity to experience the value of team effort and sportsmanship. Students…
Lovett offers after-school activities, summer academic courses, summer camps, and other enrichment opportunities to students which further benefit the student body and other persons within and outside the lovett community. Lovett's siempre verde is a protected preserve of cloud forest property in ecuador owned and supported by lovett to promote environmental and conservation education. The educational institution offers students, and other persons both within the lovett community, as well as outside the lovett community, an opportunity to learn about environmental protection, preservation…
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 |
|---|---|---|---|---|
| CEO/HEAD OF SCHOOL Officer, 40.00 hrs/week | $788,092 | $0 | $157,152 | $945,244 |
| CFO Officer, 40.00 hrs/week | $315,217 | $0 | $45,225 | $360,442 |
| CHIEF ADVANCEMENT OFFICER Highest compensated employee, 40.00 hrs/week | $291,316 | $0 | $21,114 | $312,430 |
| ASSOC HEAD OF SCHOOL Key employee, 40.00 hrs/week | $242,628 | $0 | $43,050 | $285,678 |
| CHRO (UNTIL 1/1/2025) Highest compensated employee, 40.00 hrs/week | $220,684 | $0 | $28,909 | $249,593 |
| HEAD OF CULTURE AND COMM. Highest compensated employee, 40.00 hrs/week | $210,728 | $0 | $35,570 | $246,298 |
| COO Highest compensated employee, 40.00 hrs/week | $210,193 | $0 | $18,572 | $228,765 |
| SR. DIR. OF MAJOR GIVING Highest compensated employee, 40.00 hrs/week | $196,825 | $0 | $15,529 | $212,354 |
65 people received more than $100,000 in reportable compensation from The Lovett School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (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–1b28 · 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 5706
- Volunteers Part I, line 61,500
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| BRASFIELD & GORRIE General contractor | $9,945,952 |
| SAGE DINING SERVICES Dining services | $2,239,832 |
| CLEANSTAR Janitorial services | $789,698 |
| HEALTHCARE SERVICES GROUP Janitorial services | $525,018 |
Individuals listed as contractors are left out. 24 contractors were paid more than $100,000 in all.
Private foundation grants it received
43 private foundations reported grants to The Lovett School totaling $2.1M 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 Lovett 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 The Lovett School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Lovett School spent in FY2025, $82.11 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Democracy Prep New York Charter SchoolsBronx, NY · revenue $92M · programs 89.0% · FY2025
- The Villages Charter SchoolMiddleton, FL · revenue $92M · programs 97.1% · FY2025
- Dominican University of CaliforniaSan Rafael, CA · revenue $92M · programs 82.7% · FY2025
- Lincoln UniversityLincoln University, PA · revenue $92M · programs 85.0% · FY2025
- Queens University of CharlotteCharlotte, NC · revenue $92M · programs 77.4% · FY2024
Questions people ask
How much of The Lovett School's spending goes to programs?
In the fiscal year ending June 30, 2025, The Lovett School reported that 82.1% of its $76.8 million in expenses went to program services, 12.9% to management and general and 5.0% to fundraising (Form 990, Part IX).
How much does The Lovett School pay its top executive?
The largest total compensation The Lovett School reported for one person in the fiscal year ending June 30, 2025 was $945,244, for the role of CEO/HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Lovett School get its money?
Of $92.1 million in revenue in the fiscal year ending June 30, 2025, 24.8% came from contributions and grants and 68.5% from program service revenue (Form 990, Part VIII).
Is The Lovett School a registered charity?
The IRS lists EIN 58-0619038 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 202601329349304145 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501219349300320 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431349349306408 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349308289 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211299349303046 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131309349301108 · read the filing
All filings for EIN 58-0619038: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.