Haverford School

Analysis

Haverford School is a registered charity in United States, based in Haverford, PA. It received its IRS tax-exemption ruling in October 1942, 84 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Haverford School reported income of $53.3m and spending of $48.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $47.9m to $53.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Haverford School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Lubbock Christian University ($53.3m), Great Oaks Charter School ($53.3m) and Thiel College ($53.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $2.4m (5.0% of expenses). Other salaries and wages came to $14.6m. At year end it held assets of $228.6m against liabilities of $62.6m, net assets of $166.0m. It reported 324 employees.