Packer Collegiate Institute
82% goes to programs $45 to raise $100 Strong reserves
Packer Collegiate Institute is a 501(c)(3) organization based in Brooklyn, New York, registered in 1938, with $73,666,304 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
170 Joralemon St, Brooklyn, NY, 11201 EIN 11-1633522 Since 1938
Revenue (FY2023)
$73.7M
▲ 3.1% vs prior year
Education median: $200K
Expenses (FY2023)
$65.0M
Net assets
$162.2M
Employees
467
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating82% to programs · $45 to raise $100
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 Packer Collegiate Institute: 82% to programs · $45 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +12% margin
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 Packer Collegiate Institute: 30 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Packer Collegiate Institute: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 Packer Collegiate Institute: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Now in its 175th year in historic brooklyn heights, packer is exceptionally proud of the outstanding education we offer to children from three years of age through senior high school in a beautiful physical plant with up-to-date facilities. in addition, packer has become the school of choice for so many families in brooklyn and manhattan primarily because of its extraordinary faculty of talented men and women who bring a wealth of expertise into the classroom, along with a real love of young people. it is a truly caring community where adults model for students the attributes we prize - kindness, honor, intelligence, inclusiveness, and diversity.
What they do
Financial aid: packer is deeply committed to making a packer education a viable option for all eligible students. packer offers financial aid to enroll highly qualified students who could not otherwise afford to attend. during fiscal year 23-24, packer provided financial aid to about 25% of its student body.
Auxiliary programs: packer plus provides a rich array of after school offerings, from playgroup, robotics, sports, foreign language, and chess, for lower and middle school students. in the summer period, packer also provides camp for 4-12 year-olds and counselor in training for 13 and 14 year-olds. the camp and counselor in training programs are open to non-packer students.
Contact & location
- Address
- 170 Joralemon St, Brooklyn, NY, 11201
- City
- Brooklyn
- State
- New York
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $45.9M (FY2013) to $73.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $51.9MNet assets $162.2M
Operating margin
11.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$214.1M
Total liabilities
$51.9M
Net assets
$162.2M
Salaries & benefits
$37.7M
58% of expenses
Board members
25
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $73,666,304▲3.1% | $64,997,065▲6.1% | $162,233,761▲8.5% | $214,118,978▲8.9% | 990 |
| 2022 | $71,478,420▼0.9% | $61,287,845▲4.5% | $149,561,577▲8.8% | $196,650,032▲7.8% | 990 |
| 2021 | $72,092,018▲2.9% | $58,659,695▲4.9% | $137,487,663▲8.2% | $182,472,821▲3.4% | 990 |
| 2020 | $70,028,029▲22.6% | $55,902,981▲4.5% | $127,052,475▲23.7% | $176,388,503▲16.0% | 990 |
| 2019 | $57,141,449▼7.0% | $53,502,565▲0.5% | $102,706,550▲5.7% | $152,004,957▲6.5% | 990 |
| 2018 | $61,442,760▲8.1% | $53,239,119▲7.8% | $97,186,194▲10.9% | $142,774,436▲5.0% | 990 |
| 2017 | $56,861,438▲4.9% | $49,403,940▲6.6% | $87,661,835▲12.1% | $135,977,011▲7.8% | 990 |
| 2016 | $54,196,382▲7.7% | $46,347,133▲1.5% | $78,218,637▲17.0% | $126,161,621▲11.1% | 990 |
| 2015 | $50,332,058▼6.0% | $45,684,041▲6.7% | $66,866,593▲3.6% | $113,565,596▲2.2% | 990 |
| 2014 | $53,524,170▲16.7% | $42,809,543▲8.1% | $64,517,318▲7.2% | $111,139,115▲32.8% | 990 |
| 2013 | $45,862,158 | $39,595,383▲4.5% | $60,163,277▲17.8% | $83,680,111▲13.4% | 990 |
| 2012 | — | $37,880,417▲4.9% | $51,062,367▲14.5% | $73,793,342▲5.2% | 990 |
| 2011 | — | $36,099,202▲5.7% | $44,614,950▲1.4% | $70,138,566▲2.1% | 990 |
| 2010 | — | $34,138,716▲7.0% | $43,986,392▲7.4% | $68,712,085▲6.0% | 990 |
| 2009 | — | $31,899,143 | $40,940,297 | $64,808,655 | 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.
Leadership & compensation (FY2023)
Highest-paid: Jennifer Weyburn — $752,633 (1.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jennifer Weyburn | Head of School | 40 | $752,633 |
| Elizabeth Hastings | Assoc. Head of School/academic Dean | 40 | $295,973 |
| Elizabeth H Winter | Former Chief Fin. Officer | 0 | $273,218 |
| Sheila Bogan | Dir. of Enrollment and Financial Aid | 40 | $248,306 |
| Maria Nunes | Upper School Division Head | 40 | $238,165 |
| Zoe Hillman | Preschool/lower School Division Head | 40 | $234,007 |
| Matthew Annenberg | Chief Financial & Oper Officer | 40 | $231,256 |
| Lisa Shambaugh | College Counselor | 40 | $230,497 |
| Romina Ros | Controller | 40 | $221,141 |
| Yves-eric Kabore | Middle School Division Head | 40 | $217,758 |
| Andrea Kelly | Director of Development | 40 | $217,676 |
| Anita Fortune | College Counselor | 40 | $200,102 |
| James Anderson | Chief Information Officer | 40 | $197,900 |
| Denise Coleman | Director of Human Resources | 40 | $197,786 |
| James Dolan | Director of Facilities | 40 | $184,544 |
| David Sasscer | Director of Campus Operations | 40 | $178,082 |
| Aaron Reliford | Member | 1 | — |
| Adrienne Ellman | Member | 1 | — |
| Ainka Shackleford Turner | Member | 1 | — |
| Aj Pires | Officer At Large | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Archstone Builders LLC | Construction | $6,605,980 |
| Eurostruct Inc | Construction | $2,507,313 |
| Zubatkin Owner Representation LLC | Project Management | $664,313 |
| Kellermeyer Bergensons Services LLC | Cleaning | $603,374 |
| Work Architecture Company | Architecture | $423,630 |
Grants received · $8.5M total
87 grants to Packer Collegiate Institute totaling $8.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Packer Collegiate Institute a legitimate nonprofit?
- Yes. Packer Collegiate Institute is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-1633522, based in Brooklyn, New York. Donations are tax-deductible.
- What is Packer Collegiate Institute's EIN?
- Packer Collegiate Institute's Employer Identification Number (EIN) is 11-1633522.
- How much revenue does Packer Collegiate Institute report?
- Packer Collegiate Institute reported $73,666,304 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Packer Collegiate Institute's spending goes to programs?
- Packer Collegiate Institute spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Packer Collegiate Institute have?
- CharityIndex grades Packer Collegiate Institute A, based on program efficiency and fundraising cost.
- How much does Packer Collegiate Institute's highest-paid employee make?
- The highest reported compensation on Packer Collegiate Institute's latest Form 990 is $752,633, paid to Jennifer Weyburn (Head of School).
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Explore more
Data for Packer Collegiate Institute (EIN 11-1633522) 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.