Peddie School
80% goes to programs $33 to raise $100 Strong reserves Growing revenue
Peddie School is a 501(c)(3) organization based in Hightstown, New Jersey, registered in 1937, with $76,804,202 in FY2024 revenue. CharityIndex grades it B+, and it directs about 80% of spending to programs.
201 S Main St, Hightstown, NJ, 08520 EIN 21-0634492 Since 1937
Revenue (FY2024)
$76.8M
▲ 29.9% vs prior year
Education median: $200K
Expenses (FY2024)
$59.4M
Net assets
$629.5M
Employees
465
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating80% to programs · $33 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 Peddie School: 80% to programs · $33 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating127 mo reserves · +23% 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 Peddie School: 127 mo reserves · +23% margin earns a B+ 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 Peddie School: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Peddie School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The peddie community commits itself to the intellectual, social, and moral growth of our students. we challenge our students to reach for levels of achievement (see sch o)
Contact & location
- Address
- 201 S Main St, Hightstown, NJ, 08520
- City
- Hightstown
- State
- New Jersey
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $49.0M (FY2013) to $76.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $41.8MNet assets $629.5M
Operating margin
22.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$671.3M
Total liabilities
$41.8M
Net assets
$629.5M
Salaries & benefits
$25.8M
43% of expenses
Board members
34
32 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $76,804,202▲29.9% | $59,417,513▲5.2% | $629,547,120▲6.7% | $671,311,979▲6.1% | 990 |
| 2023 | $59,141,245▲0.2% | $56,489,894▲5.8% | $590,020,950▲7.0% | $632,866,331▲6.5% | 990 |
| 2022 | $59,000,083▼8.4% | $53,395,307▲5.5% | $551,321,784▲5.6% | $594,025,599▲4.3% | 990 |
| 2021 | $64,388,788▲10.8% | $50,620,214▲6.4% | $522,079,971▼7.8% | $569,382,433▼7.2% | 990 |
| 2020 | $58,126,453▼5.6% | $47,579,060▼0.8% | $566,330,495▲21.7% | $613,419,387▲24.1% | 990 |
| 2019 | $61,604,579▲5.0% | $47,958,021▼0.8% | $465,378,139▲0.6% | $494,459,247▼0.2% | 990 |
| 2018 | $58,656,015▼4.7% | $48,330,792▲0.6% | $462,499,915▲3.6% | $495,484,650▲2.4% | 990 |
| 2017 | $61,580,868▲14.1% | $48,027,240▲2.1% | $446,581,332▲6.0% | $484,040,539▲4.9% | 990 |
| 2016 | $53,955,861▼16.3% | $47,056,460▲5.0% | $421,314,655▲7.2% | $461,641,725▲5.1% | 990 |
| 2015 | $64,487,574▲18.0% | $44,795,524▲3.6% | $392,984,354▼6.2% | $439,242,531▼5.7% | 990 |
| 2014 | $54,666,570▲11.5% | $43,246,628▲1.2% | $418,878,407▲1.2% | $465,665,922▲0.9% | 990 |
| 2013 | $49,048,010 | $42,730,808▲4.6% | $413,923,936▲13.2% | $461,646,537▲11.2% | 990 |
| 2012 | — | $40,864,646▲4.9% | $365,726,252▲9.7% | $415,069,867▲7.7% | 990 |
| 2011 | — | $38,969,650▲1.3% | $333,508,512▼6.2% | $385,239,701▼5.6% | 990 |
| 2010 | — | $38,477,372▼0.3% | $355,510,006▲13.6% | $408,055,982▲11.1% | 990 |
| 2009 | — | $38,601,428 | $313,011,735 | $367,403,050 | 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 (FY2024)
Highest-paid: Peter A Quinn — $660,521 (1.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Peter A Quinn | Trustee/head of School | 80 | $660,521 |
| Sanjeev Puri | Asst Secretary/asst Head Finan | 50 | $298,776 |
| Karyn Vella | Assistant Head For Development | 50 | $282,641 |
| M Catherine Rodrigue | Asst. Head of School | 50 | $211,780 |
| Aimee Goodman | Director, Health Center | 50 | $175,497 |
| Raymond H Cabot | Director of Admissions | 50 | $173,310 |
| Christine Benitez | Asst Treasurer/controller | 50 | $156,500 |
| Amy Cabot | Director of Development | 50 | $146,498 |
| Wendi Patella | Dir, Strategic Mktg & Comm | 50 | $142,413 |
| Sarah Crider Venanzi | Trustee/asst. Dir. Coll.couns. | 50 | $82,287 |
| Allison B Davi | Trustee | 1 | — |
| Ashish B Patel | Trustee | 1 | — |
| Benjamin M Levy | Trustee | 1 | — |
| Bernadette Schmidinger-brown | Trustee | 1 | — |
| Carlos Guajardo | Trustee | 1 | — |
| Chavon T Sutton | Trustee | 1 | — |
| Christine Hayden | Trustee | 1 | — |
| Domingo Garcia | Trustee | 1 | — |
| Douglas E Davidson Esq | Board Chair/trustee | 1 | — |
| Hari Moorthy | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Hanover Construction LLC | Construction | $399,627 |
| Monticello Associates Inc | Investment Mgmt. | $378,750 |
| Gil-bar Solutions LLC | Engineering | $291,625 |
| Alan's Painting | Painting | $227,642 |
| Millennial Pool Management | Pool Management | $212,014 |
Grants received · $6.0M total
68 grants to Peddie School totaling $6.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $1,005,000 |
| The New York Community Trust | For a scholarship award. | 2024 | $225,350 |
| American Online Giving Foundation Inc | General support | 2024 | $37,871 |
| The New York Community Trust | For program support. | 2024 | $25,000 |
| The New York Community Trust | For general support. | 2024 | $17,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $8,904 |
| American Endowment Foundation | Educational | 2024 | $6,000 |
| National Philanthropic Tr | Education | 2023 | $242,500 |
| The New York Community Trust | For a scholarship award. | 2023 | $195,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $137,750 |
| Goldman Sachs Charitable Gift Fund | Scholarships & financial aid | 2023 | $130,000 |
| The New York Community Trust | For program support. | 2023 | $45,000 |
| American Online Giving Foundation Inc | General support | 2023 | $41,795 |
| Donor Advised Charitable Giving | Education | 2023 | $41,350 |
| Impactassets Inc | General support | 2023 | $10,000 |
Grants made · $49K in FY2024
2 grants totaling $49K in FY2024. All grants made by Peddie School →
| Recipient | Purpose | Amount |
|---|---|---|
| Hightstown Engine Co No 1 Inc | General support | $25,000 |
| Borough of Hightstown | General support | $24,000 |
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Compare Peddie School
Frequently asked questions
- Is Peddie School a legitimate nonprofit?
- Yes. Peddie School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 21-0634492, based in Hightstown, New Jersey. Donations are tax-deductible.
- What is Peddie School's EIN?
- Peddie School's Employer Identification Number (EIN) is 21-0634492.
- How much revenue does Peddie School report?
- Peddie School reported $76,804,202 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Peddie School's spending goes to programs?
- Peddie School spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Peddie School have?
- CharityIndex grades Peddie School B+, based on program efficiency and fundraising cost.
- How much does Peddie School's highest-paid employee make?
- The highest reported compensation on Peddie School's latest Form 990 is $660,521, paid to Peter A Quinn (Trustee/head of School).
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Data for Peddie School (EIN 21-0634492) 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.