Skip to main content
Filing year 2023

The Pennington School

Pennington, New Jersey·EIN 21-0635004·501(c)(3)
Total revenue
$37.8M
Total assets
$95.6M
Total expenses
$38.7M
Reported officers
44
Mission

THE PENNINGTON SCHOOL IS AN INDEPENDENT CO-EDUCATIONAL SCHOOL SERVING DAY AND BOARDING STUDENTS IN GRADES 6-12. THE SCHOOL IS DEDICATED TO DEVELOPING INDIVIDUAL EXCELLENCE IN ALL OF ITS STUDENTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Head of School
Officer (Unspecified)
$622k
$695k
Base
$506k
Bonus
Other
Benefits
$94k
Director of Advancement
Highest Compensated Employee
75th to 90th percentile
$313k
$349k
Base
$274k
Bonus
Other
Benefits
$19k
Associate Head of School
Highest Compensated Employee
Median to 75th percentile
$228k
$255k
Base
$140k
Bonus
Other
Benefits
$78k
Chief Financial Officer
75th to 90th percentile
$223k
$249k
Base
$208k
Bonus
Other
Benefits
$883
Director of Admission
Highest Compensated Employee
Median to 75th percentile
$184k
$205k
Base
$152k
Bonus
Other
Benefits
$21k
Director of Development
Median to 75th percentile
$165k
$185k
Base
$152k
Bonus
Other
Benefits
$3k
Director of the Learning Cente
Highest Compensated Employee
25th percentile to median
$149k
$166k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 37 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 27%
from 2022

From $490k in 2022 to $622k in 2023.

$490k
2022
$622k
2023
In today's dollarsEst.
Up 23% in real terms$566k to $695k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 10% from 2022 to 2023, while revenue held roughly steady.

$284k in 2022 to $313k in 2023.
  • Chief Financial Officer pay rose 128% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

The Pennington School reported revenue and expenses across 2 filing years.

RevenueExpenses
$38M
$36.9M
2022
$37.8M
$38.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about The Pennington School

What does the Highest Compensated Employee of The Pennington School earn?

In 2023, the Highest Compensated Employee of The Pennington School received $312,804 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at The Pennington School compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at The Pennington School falls between the 75th and 90th percentiles.

What are The Pennington School's revenue and expenses?

In 2023, The Pennington School reported $37.8M in total revenue and $38.7M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.