Chapin School Ltd is a 501(c)(3) organization based in New York, New York, registered in 1938, with $65,689,401 in FY2023 revenue. CharityIndex grades it B+, and it directs about 77% of spending to programs.
Revenue (FY2023)
$65.7M
▲ 3.8% vs prior year
Education median: $200K
Expenses (FY2023)
$71.4M
Net assets
$254.8M
Employees
314
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Chapin School Ltd: 77% to programs · $30 to raise $100 earns a B on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chapin School Ltd: 43 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Chapin School Ltd: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chapin School Ltd: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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The chapin school is an independent day school for young women in grades k through 12.
Revenue grew from $45.9M (FY2013) to $65.7M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-8.7%
Spent more than it raised in the latest fiscal year.
Total assets
$355.9M
Total liabilities
$101.2M
Net assets
$254.8M
Salaries & benefits
$33.8M
47% of expenses
Board members
23
22 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $65,689,401▲3.8% | $71,406,173▲2.2% | $254,774,583▲1.1% | $355,935,643▲0.2% | 990 |
| 2022 | $63,266,454▼1.0% | $69,889,533▲9.1% | $252,003,827▼0.8% | $355,107,842▼2.3% | 990 |
| 2021 | $63,936,787▲9.5% | $64,047,901▲18.8% | $254,091,029▼3.2% | $363,404,258▼2.4% | 990 |
| 2020 | $58,408,515▲7.3% | $53,918,859▲9.7% | $262,563,967▲4.1% | $372,266,225▲2.5% | 990 |
| 2019 | $54,418,538▼13.6% | $49,145,121▼1.1% | $252,230,512▲3.4% | $363,091,064▼5.9% | 990 |
| 2018 | $63,000,974▲1.1% | $49,673,524▲1.2% | $243,978,356▲3.8% | $385,906,342▲2.7% | 990 |
| 2017 | $62,303,357▲7.8% | $49,102,975▲2.5% | $235,137,701▲5.1% | $375,673,720▲14.4% | 990 |
| 2016 | $57,807,471▼0.7% | $47,893,420▲10.2% | $223,706,844▲4.2% | $328,479,673▲17.8% | 990 |
| 2015 | $58,236,606▼30.7% | $43,476,317▲10.7% | $214,655,493▲3.4% | $278,961,958▲17.1% | 990 |
| 2014 | $84,079,466▲83.2% | $39,280,176▲4.6% | $207,516,944▲20.7% | $238,224,372▲17.2% | 990 |
| 2013 | $45,886,301 | $37,542,149▲3.3% | $171,986,089▲6.3% | $203,292,205▲4.5% | 990 |
| 2012 | — | $36,342,236▲0.5% | $161,762,973▲8.6% | $194,445,946▼0.5% | 990 |
| 2011 | — | $36,162,332▲6.1% | $148,987,480▲0.1% | $195,472,348▼0.1% | 990 |
| 2010 | — | $34,079,457▼1.1% | $148,790,562▲13.6% | $195,738,976▲9.6% | 990 |
| 2009 | — | $34,458,498 | $130,971,221 | $178,631,499 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Suzanne Fogarty — $750,313 (1.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Suzanne Fogarty | Head of School | 40 | $750,313 |
| Marita Altman | Director of Advancement | 40 | $314,572 |
| Hall Xiomara | Associate Head of School | 40 | $303,712 |
| Therese Cruite | Head of Lower School | 40 | $258,753 |
| Karey Boals Schner | Director of College Guidance | 40 | $255,950 |
| Mary P Foster | Chief Financial Officer | 40 | $255,950 |
| Allison Bishop | Head of Upper School | 40 | $248,705 |
| Jay Mathews Thru June 2023 | Chief Financial Officer | 40 | $174,193 |
| Alexa Bator Chae | Assisant Secretary | 5 | — |
| Amanda Waldron | Trustee | 2 | — |
| Arielle Patrick | Trustee | 2 | — |
| Bara Tisch | Trustee | 2 | — |
| Beth Kojima | Trustee | 2 | — |
| Brian J Higgins | Trustee | 2 | — |
| Burwell Espy Schorr | Trustee | 2 | — |
| Christina S Diggs | Trustee | 2 | — |
| Cisco J Del Valle | Trustee | 2 | — |
| Clarence Mitchell | Secretary | 5 | — |
| Denise Bailey-castro | Trustee | 2 | — |
| Hande Bayraktar | Trustee | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Jrm Construction Management LLC | Construction | $2,661,306 |
| Aramark Corporation | Food Service | $2,306,600 |
| Abm Industries Inc | Maintenance | $1,754,521 |
| Corbin's Crusaders | Sports Program | $270,235 |
| Elizabeth Bergin Next Stop Broadway LLC | Instructional | $215,518 |
122 grants to Chapin School Ltd totaling $29.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $418,500 |
| American Online Giving Foundation Inc | General support | 2024 | $109,321 |
| The New York Community Trust | For program support. | 2024 | $75,000 |
| Silicon Valley Community Foundation | Education | 2024 | $56,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $33,000 |
| The New York Community Trust | For general support. | 2024 | $25,000 |
| Community Fdn of Greater Des Moines | Grant distribution for the excellence under one roof campaign | 2024 | $20,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $19,897 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $11,000 |
| Ayco Charitable Foundation | Education | 2024 | $10,000 |
| The New York Community Trust | For general support. | 2024 | $8,000 |
| Greater Houston Community Foundation | Educational | 2024 | $7,500 |
| The New York Community Trust | For program support. | 2024 | $7,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Goldman Sachs Charitable Gift Fund | Scholarships & financial aid | 2023 | $1,059,000 |
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Data for Chapin School Ltd (EIN 13-1635257) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.