Harpeth Hall School

Analysis

Harpeth Hall School is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 1952, 74 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, Harpeth Hall School reported income of $32.6m and spending of $31.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.6m to $32.6m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harpeth Hall School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include E Center ($32.6m), Texas Womans University Foundation ($32.6m) and National Institute for Excellence in Teaching ($32.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.4m (4.3% of expenses). Other salaries and wages came to $12.0m. At year end it held assets of $144.7m against liabilities of $15.8m, net assets of $129.0m. It reported 359 employees.