Financial Information for The Spence School

The Spence School's annual revenue was $63.8M in tax year 2024, reported on their IRS Form 990. They spent $72.0M in total expenses. 84% went to programs and services.

Financial Breakdown

What is The Spence School's total annual expenses?

The Spence School spent $72.0M in tax year 2024, according to their IRS Form 990 filing.

How much of The Spence School's budget goes to programs?

The Spence School spent $60.7M (84% of expenses) on programs and services in tax year 2024.

How much does The Spence School spend on overhead?

The Spence School's overhead in tax year 2024 includes administrative (12%) and fundraising (4%) of their expenses.

What is The Spence School's net worth?

The Spence School had net assets of $342.6M 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.