Master & Fellows of Peterhouse
Master & Fellows of Peterhouse reported $20.0 million in revenue and $20.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.55 went to program services, $6.05 to management and general costs and $2.40 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 46.8% of the total. The highest compensation it reported for one person was $184,275 (Master). 7 people received more than $100,000 in reportable compensation. Revenue rose 39% between FY2021 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 $21MFor 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 $20MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 15.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 46.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $184,275 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.89% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 331.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 0 of 42 | 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 expenseProvision of higher education and accommodation of approximately 450 undergraduate and graduate students in the university of cambridge and associated research. The measure of success for research is the award of degrees by the university of cambridge to college students. Most students were able to take examinations this year; 254 (2024: 250) undergraduates sat classed university examinations in 2025; 218 (2024: 203), or 85.8% (2024: 81.2% obtaining grades in the first class or the upper division of the second class (or in the undivided second class); in the other examinations there were 11…
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 |
|---|---|---|---|---|
| Master Director/trustee, officer, 37 hrs/week | $148,810 | $0 | $35,465 | $184,275 |
| Senior Bursar Director/trustee, officer, 37 hrs/week | $140,329 | $0 | $20,348 | $160,677 |
| Senior Tutor Director/trustee, officer, 37 hrs/week | $127,556 | $0 | $18,365 | $145,921 |
| Librarian Director/trustee, officer, 37 hrs/week | $120,330 | $0 | $16,450 | $136,780 |
| Fellow Director/trustee, 37 hrs/week | $102,364 | $0 | $14,615 | $116,979 |
| Development Director Director/trustee, officer, 37 hrs/week | $93,824 | $0 | $17,559 | $111,383 |
| Fellow Director/trustee, 37 hrs/week | $80,768 | $0 | $19,378 | $100,146 |
| Fellow Director/trustee, 37 hrs/week | $83,066 | $0 | $13,861 | $96,927 |
7 people received more than $100,000 in reportable compensation from Master & Fellows of Peterhouse (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).
5 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–1b42 · 0 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 14bYes
- Employees Part I, line 5221
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Thorwood (Construction) Ltd Building | $1,028,673 |
| Bunton M & E Services Building | $889,843 |
| RM Construction (Cambridge) Ltd Building | $844,060 |
| Bidwells Surveyor | $698,001 |
| DTF Building Services Building | $597,919 |
Individuals listed as contractors are left out. 23 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Master & Fellows of Peterhouse's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Master & Fellows of Peterhouse, you can publish a response that is linked from this page.
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Of every $100 Master & Fellows of Peterhouse spent in FY2025, $91.55 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Master & Fellows of Peterhouse's spending goes to programs?
In the fiscal year ending June 30, 2025, Master & Fellows of Peterhouse reported that 91.5% of its $20.7 million in expenses went to program services, 6.0% to management and general and 2.4% to fundraising (Form 990, Part IX).
How much does Master & Fellows of Peterhouse pay its top executive?
The largest total compensation Master & Fellows of Peterhouse reported for one person in the fiscal year ending June 30, 2025 was $184,275, for the role of Master (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Master & Fellows of Peterhouse get its money?
Of $20.0 million in revenue in the fiscal year ending June 30, 2025, 15.7% came from contributions and grants and 46.8% from program service revenue (Form 990, Part VIII).
Is Master & Fellows of Peterhouse a registered charity?
The IRS lists EIN 98-6001299 as a 501(c)(3) organization (school). Form 990 filings on record here cover tax years 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 202631139349301013 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500989349300035 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401089349300900 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340839349301114 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211239349300796 · read the filing
All filings for EIN 98-6001299: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.