Hockaday School
Hockaday School reported $59.4 million in revenue and $54.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.60 went to program services, $13.64 to management and general costs and $4.76 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 74.5% of the total. The highest compensation it reported for one person was $796,922 (HEAD OF SCHOOL). 62 people received more than $100,000 in reportable compensation. Revenue rose 32% 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 $54MFor 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 $59MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.25 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 17.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 74.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $796,922 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.47% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 62 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 77.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 49 of 49 | 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 school provided a college preparatory education for lower, middle, and upper school girls with strong potential who may be expected to assume positions of responsibility and leadership in later years. There were 1,113 day students for the 2024-2025 academic year. In addition, the school provided educational programs in the summer and after school
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, 50.00 hrs/week | $702,005 | $0 | $94,917 | $796,922 |
| ASSISTANT HEAD OF SCHOOL Highest compensated employee, 50.00 hrs/week | $238,428 | $0 | $112,252 | $350,680 |
| DIR OF DEVELOPMENT & STRATEGIC INITI Highest compensated employee, 50.00 hrs/week | $234,555 | $0 | $94,565 | $329,120 |
| CHIEF FINANCIAL OFFICER Officer, 50.00 hrs/week | $280,908 | $0 | $32,462 | $313,370 |
| HEAD OF UPPER SCHOOL Highest compensated employee, 50.00 hrs/week | $211,290 | $0 | $44,277 | $255,567 |
| CHIEF OPERATIONS OFFICER Highest compensated employee, 50.00 hrs/week | $211,518 | $0 | $27,989 | $239,507 |
| DEAN OF STUDIES Highest compensated employee, 50.00 hrs/week | $198,803 | $0 | $33,229 | $232,032 |
62 people received more than $100,000 in reportable compensation from Hockaday School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $998K (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–1b49 · 49 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 2Yes
- 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 5527
- Volunteers Part I, line 61,159
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SAGE DINING SERVICES INC Dining services | $2,360,665 |
| MOSS & ASSOCIATES Construction | $1,344,252 |
| QUANTUM BUILDING SOLUTIONS INC Facility repairs and maintenance | $1,298,393 |
| 360 INNOVATIONS LLC Facility repairs and maintenance | $648,638 |
| AHI FACILITY SERVICES INC Janitorial services | $633,986 |
Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.
Private foundation grants it received
38 private foundations reported grants to Hockaday School totaling $529K 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 Hockaday 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 Hockaday School, you can publish a response that is linked from this page.
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Of every $100 Hockaday School spent in FY2025, $81.60 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- University of Virginia Law School FoundationCharlottesville, VA · revenue $59M · programs 79.3% · FY2025
- Wayland Baptist UniversityPlainview, TX · revenue $59M · programs 83.1% · FY2025
- Eastern Mennonite UniversityHarrisonburg, VA · revenue $59M · programs 86.1% · FY2025
- Pennsylvania Virtual Charter SchoolKing of Prussia, PA · revenue $60M · programs 60.9% · FY2025
- Belhaven UniversityJackson, MS · revenue $59M · programs 84.2% · FY2024
Questions people ask
How much of Hockaday School's spending goes to programs?
In the fiscal year ending June 30, 2025, Hockaday School reported that 81.6% of its $54.2 million in expenses went to program services, 13.6% to management and general and 4.8% to fundraising (Form 990, Part IX).
How much does Hockaday School pay its top executive?
The largest total compensation Hockaday School reported for one person in the fiscal year ending June 30, 2025 was $796,922, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hockaday School get its money?
Of $59.4 million in revenue in the fiscal year ending June 30, 2025, 17.3% came from contributions and grants and 74.5% from program service revenue (Form 990, Part VIII).
Is Hockaday School a registered charity?
The IRS lists EIN 75-0800650 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 202611059349301831 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511059349302421 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430789349300813 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341049349300014 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210989349301226 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101029349300315 · read the filing
All filings for EIN 75-0800650: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.