Public Charity

PHILLIPS EXETER ACADEMY

Based in EXETER, NH, PHILLIPS EXETER ACADEMY operates as a Public Charity. The organization reported $239.9M in revenue, $166.3M in expenses, $2.2B in total assets for fiscal year 2025. Imperigo tracks 187 reported grant relationships connected to this organization totaling approximately $74.8M.

EIN: 020222174 EXETER, NH Secondary & High Schools NTEE: B25 Latest filing: 2025
Total Revenue$239.9M
Total Expenses$166.3M
Total Assets$2.2B
Grant Records187
Funding Total$74.8M
Filing Years2021–2025

Mission

SEE SCHEDULE O

Where $100 goes at Phillips Exeter Academy

How Phillips Exeter Academy divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$9 Management running the organization
$5 Fundraising raising the next dollar

Inside the $86 for programs

$82
Phillip Exeter academy's primary program service is the education of students in grades 9 through 12 in a residential boarding school environment
95% of program spending
$4
Phillips Exeter Academy's summer school
4% of program spending
<$1
Auxiliary enterprises include student grill, facility rentals, and the children's center which service the academy during both summer and regular sessions
1% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Belinda A Tate
TRUSTEE Bradford Briner
TRUSTEE Christine M Robson Weaver
TRUSTEE Cia Buckley Marakovits
TRUSTEE E Janney Wilson
TRUSTEE Elizabeth A Fleming

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$58,492,877 111 grants
Education
$15,930,552 65 grants
Arts & Culture
$240,000 3 grants
Health & Medicine
$63,183 2 grants
Human & Social Services
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $239.9M $166.3M $2.2B
2024 $187.3M $158.2M $2.1B
2023 $153.6M $153.2M $2.0B
2022 $231.5M $143.7M $1.9B
2021 $245.6M $141.1M $2.1B

Between 2021 and 2025, reported annual revenue declined from $245.6M to $239.9M (-2%), with total assets most recently reported at $2.2B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PHILLIPS EXETER ACADEMY

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