Regents of the Mercersburg College is a 501(c)(3) organization based in Mercersburg, Pennsylvania, registered in 1935, with $89,998,057 in FY2024 revenue. CharityIndex grades it A, and it directs about 76% of spending to programs.
Revenue (FY2024)
$90.0M
▲ 27.5% vs prior year
Education median: $200K
Expenses (FY2024)
$55.2M
Net assets
$591.4M
Employees
367
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 Regents of the Mercersburg College: 76% to programs · $14 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 Regents of the Mercersburg College: 128 mo reserves · +39% 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 Regents of the Mercersburg College: 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 Regents of the Mercersburg College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mercersburg academy is a student-centered school that allows students to define themselves through the establishment of meaningful relationships and exposure to a vast range of academic, extra-curricular, and co-curricular opportunities. mercersburg students actively and confidently experience the world both on campus and abroad. we understand the benefit of experiential learning and provide the ideal academic setting for a balanced and authentic learning environment. mercersburg academy believes in the value of honoring our past, engaging the present, and preparing for the future. founded in 1893, mercersburg academy is committed to providing students with the opportunity to live and learn in a richly diverse academic environment that provides a rigorous and relevant curriculum to approximately 440 boarding and day students from over 30 states, including the district of columbia, and more than 40 nations.
Summer programs:during the summer, mercersburg provides for a wide range of opportunities for learning, personal growth, and most importantly, fun. each summer, participants take part in an array of programs, ranging from the adventure camp series to various enrichment, arts, and sports camps. during fy25, participation in mercersburg's summer programs was as follows:- adventure programs: 43 participants- sports camps: 341 participants- enrichment programs: 66 participants- arts programs: 27 participants
Revenue grew from $47.5M (FY2013) to $90.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
38.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$645.7M
Total liabilities
$54.4M
Net assets
$591.4M
Salaries & benefits
$25.6M
46% of expenses
Board members
25
24 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $89,998,057▲27.5% | $55,243,537▲3.5% | $591,363,771▲8.7% | $645,749,569▲6.7% | 990 |
| 2023 | $70,610,950▲50.4% | $53,356,689▲9.0% | $543,792,160▲10.7% | $605,245,039▲8.3% | 990 |
| 2022 | $46,957,459▼4.5% | $48,944,017▲5.0% | $491,329,908▲6.9% | $558,617,814▲4.4% | 990 |
| 2021 | $49,172,082▲6.3% | $46,632,349▲8.5% | $459,446,889▼9.6% | $535,140,744▼9.1% | 990 |
| 2020 | $46,278,862▲1.0% | $42,981,639▼0.2% | $508,013,163▲26.9% | $588,500,974▲25.7% | 990 |
| 2019 | $45,805,146▲2.6% | $43,063,697▼2.6% | $400,263,735▼4.1% | $468,266,007▼3.8% | 990 |
| 2018 | $44,649,785▼17.8% | $44,223,418▲1.1% | $417,441,861▲0.5% | $486,555,468▲1.1% | 990 |
| 2017 | $54,328,899▲17.2% | $43,721,862▲1.9% | $415,182,996▲5.8% | $481,134,034▲4.4% | 990 |
| 2016 | $46,356,840▼45.2% | $42,920,782▲0.6% | $392,568,290▲8.8% | $461,019,229▲5.9% | 990 |
| 2015 | $84,618,302▲18.0% | $42,647,847▲5.1% | $360,916,444▲1.7% | $435,320,369▲2.0% | 990 |
| 2014 | $71,706,004▲51.1% | $40,567,905▲2.7% | $354,948,346▲8.2% | $426,649,409▲7.0% | 990 |
| 2013 | $47,470,392 | $39,517,644▲5.4% | $328,016,685▲9.0% | $398,797,372▲7.3% | 990 |
| 2012 | — | $37,476,495▲2.2% | $301,012,733▲29.6% | $371,545,606▲21.6% | 990 |
| 2011 | — | $36,668,661▲11.1% | $232,227,900▼4.4% | $305,575,095▼0.8% | 990 |
| 2010 | — | $33,002,109▲5.5% | $243,011,370▲17.3% | $308,150,968▲11.3% | 990 |
| 2009 | — | $31,289,938 | $207,167,893 | $276,945,407 | 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: Quentin Mcdowell — $511,739 (0.93% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Quentin Mcdowell | Head of School | 70 | $511,739 |
| Rochelle Hargraves | Cfo/coo | 60 | $294,066 |
| John Richardson | Chief Advancement Officer | 60 | $235,576 |
| Julia Maurer | Assoc Head of School For School Life | 60 | $199,074 |
| Brian Nordyke | Dir. of Facilities (until 1/31/25) | 55 | $192,247 |
| Jennifer Craig | Assoc. Head of School | 60 | $182,654 |
| Carolyn Yeager | Chief Development Officer | 50 | $182,639 |
| John Chepren | Director of Information Tech | 50 | $158,147 |
| Susan Orton | Director of Leadership Giving | 50 | $156,584 |
| Melody Batson | Controller | 50 | $149,670 |
| Amy Marathe | Dir of Strategic Mktg & Comm | 50 | $133,237 |
| Amy Jones Satrom | Vice President | 1.5 | — |
| Andrew D Alpert Esq | Trustee | 1.5 | — |
| Angela Killinger | Trustee | 1.5 | — |
| Beth Spurry | Trustee | 1.5 | — |
| Betsy Mitchell | Trustee | 1.5 | — |
| Chuck Roberts | Trustee | 1.5 | — |
| Cynthia Borger | Trustee | 1.5 | — |
| Dave Flanagan | Trustee | 1.5 | — |
| David G Wagner | Trustee | 1.5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Meriwether Godsey | Food Service | $2,634,369 |
| Meriwether Godsey | Food Service | $2,634,369 |
| Musser Mechanical | Repair/replacement Work For Heating & Ac | $1,493,748 |
| Musser Mechanical | Repair/replacement Work For Heating & Ac | $1,493,748 |
| Keystone Sports Contruction | Basketball Court Installation | $557,505 |
| Keystone Sports Contruction | Basketball Court Installation | $557,505 |
| Jm Young & Sons Inc | Roof Work | $508,490 |
| Jm Young & Sons Inc | Roof Work | $508,490 |
| Att Sports Inc | Track Resurfacing | $193,855 |
| Att Sports Inc | Track Resurfacing | $193,855 |
84 grants to Regents of the Mercersburg College totaling $18.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $102,459 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $18,576 |
| Foundation For the Carolinas | Charitable gift | 2024 | $10,898 |
| Greater Horizons | Education | 2024 | $10,000 |
| American Endowment Foundation | Educational | 2024 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $4,528,368 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $117,000 |
| Donor Advised Charitable Giving | Education | 2023 | $63,350 |
| Gulf Coast Community Foundation Inc | Education | 2023 | $46,000 |
| National Philanthropic Tr | Human services | 2023 | $28,750 |
| The Greater New Orleans Foundation | Education | 2023 | $25,000 |
| Ayco Charitable Foundation | Education | 2023 | $21,875 |
| Foundation For the Carolinas | Charitable gift | 2023 | $10,769 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
4 grants totaling $42K in FY2024. All grants made by Regents of the Mercersburg College →
| Recipient | Purpose | Amount |
|---|---|---|
| Mercersburg Montgomery Peters and Warren Volunteer Fire and Ambulanc | General support to assist with needs of the fire company | $15,000 |
| Mercersburg Montgomery Peters and Warren Volunteer Fire and Ambulanc | General support to assist with needs of the fire company | $15,000 |
| Borough of Mercersburg | General support | $6,000 |
| Borough of Mercersburg | General support | $6,000 |
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Data for Regents of the Mercersburg College (EIN 23-1365963) 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.