Financial Information for Phillips Exeter Academy

Phillips Exeter Academy's annual revenue was $239.9M in tax year 2024, reported on their IRS Form 990. They spent $166.3M in total expenses. 86% went to programs and services.

Financial Breakdown

What is Phillips Exeter Academy's total annual expenses?

Phillips Exeter Academy spent $166.3M in tax year 2024, according to their IRS Form 990 filing.

How much of Phillips Exeter Academy's budget goes to programs?

Phillips Exeter Academy spent $143.6M (86% of expenses) on programs and services in tax year 2024.

How much does Phillips Exeter Academy spend on overhead?

Phillips Exeter Academy's overhead in tax year 2024 includes administrative (8%) and fundraising (6%) of their expenses.

What is Phillips Exeter Academy's net worth?

Phillips Exeter Academy had net assets of $2.0B as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.