Town School for Boys
Town School for Boys reported $35.1 million in revenue and $27.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.11 went to program services, $7.22 to management and general costs and $7.67 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 60.2% of the total. The highest compensation it reported for one person was $700,539 (HEAD OF SCHOOL). 69 people received more than $100,000 in reportable compensation. Revenue rose 22% 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 $28MFor 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 $35M- Contributions & grants (non-government)$32.25 $11M
- Program service revenue$59.85 $21M
- Investment income$7.90 $2.8M
Other revenue was negative: −$191K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.19 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 32.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 60.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $700,539 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.54% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 69 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 37.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 26 of 26 | 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 expenseTown School for boys is an independent all boys' school serving grades k-8 with an approximate enrollment of 415. At Town School, learning is prized, love of school is essential, and boyhood is celebrated. As an all boys' school, town provides a rich, challenging and rigorous educational experience that addresses the distinctive energy levels and developmental styles of boys. Town values being a diverse and inclusive community that nurtures integrity, sensitivity and respect in its boys, and prepares them to become productive and contributing members of an ever-changing world. In addition to…
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, 60.00 hrs/week | $647,778 | $0 | $52,761 | $700,539 |
| CHIEF FINANCIAL OFFICER Officer, 60.00 hrs/week | $282,588 | $0 | $47,082 | $329,670 |
| HEAD OF LOWER SCHOOL Key employee, 60.00 hrs/week | $226,103 | $0 | $40,097 | $266,200 |
| DIR. OF TEACHING, LEARNING & INNOV. Highest compensated employee, 60.00 hrs/week | $230,748 | $0 | $32,319 | $263,067 |
| HEAD OF UPPER SCHOOL-ENDED 12/2024 Key employee, 60.00 hrs/week | $227,178 | $0 | $32,318 | $259,496 |
| DIRECTOR OF ADVANCEMENT Key employee, 60.00 hrs/week | $215,650 | $0 | $32,964 | $248,614 |
| DIR. OF TEACHER DEV. & STRAT. INIT. Highest compensated employee, 60.00 hrs/week | $185,870 | $0 | $36,327 | $222,197 |
| DIRECTOR OF ATHLETICS Highest compensated employee, 40.00 hrs/week | $188,770 | $0 | $33,108 | $221,878 |
69 people received more than $100,000 in reportable compensation from Town School for Boys (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (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–1b26 · 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 11aNo
- 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 5109
- Volunteers Part I, line 6200
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ACRE REAL SCHOOL LUNCH Food services | $1,225,635 |
| PLANT CONSTRUCTION COMPANY LP Construction services | $691,490 |
| CLAYTON TIMBRELL & CO Construction services | $472,574 |
| HINES BUILDING MAINTENANCE Janitorial services | $389,338 |
| CYO TRANSPORTATION Transportation services | $113,344 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to Town School for Boys totaling $105K 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 Town School for Boys's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Town School for Boys, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Town School for Boys spent in FY2025, $85.11 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Early Learning Coalition of the Big Bend RegionTallahassee, FL · revenue $35M · programs 95.1% · FY2025
- Leap Academy University Charter SchoolCamden, NJ · revenue $35M · programs 77.7% · FY2025
- The Ofarrell Charter SchoolsSan Diego, CA · revenue $35M · programs 74.8% · FY2025
- Longwood University Real Estate FoundationFarmville, VA · revenue $35M · programs 98.9% · 2024
- Friends AcademyLocust Valley, NY · revenue $35M · programs 81.4% · FY2025
Questions people ask
How much of Town School for Boys's spending goes to programs?
In the fiscal year ending June 30, 2025, Town School for Boys reported that 85.1% of its $27.6 million in expenses went to program services, 7.2% to management and general and 7.7% to fundraising (Form 990, Part IX).
How much does Town School for Boys pay its top executive?
The largest total compensation Town School for Boys reported for one person in the fiscal year ending June 30, 2025 was $700,539, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Town School for Boys get its money?
Of $35.1 million in revenue in the fiscal year ending June 30, 2025, 32.4% came from contributions and grants and 60.2% from program service revenue (Form 990, Part VIII).
Is Town School for Boys a registered charity?
The IRS lists EIN 94-1170412 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 202513179349305171 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443199349312264 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323179349308222 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202203209349301405 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202142989349300309 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013179349309706 · read the filing
All filings for EIN 94-1170412: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.