PHILLIPS EXETER ACADEMY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$187,279,148
Other
44%
Program Services
41%
Contributions
10%
Investments
5%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$158,188,218
Salaries & Benefits
47%
Grants
17%
Depreciation
11%
Other
10%
Offices, Occupancy & IT
9%
Fees to Service Providers
3%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$37,964,153
$18,954,636
-50%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$72,411,939
$76,281,596
+5%
Membership Dues
$0
$0
-
Investments
$16,827,470
$9,784,425
-42%
Other
$26,382,475
$82,258,491
+212%
Total Revenues
$153,586,037
$187,279,148
+22%
Expenses
2023
2024
Change
Grants
$26,555,038
$26,783,813
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$71,579,617
$75,083,387
+5%
Fees to Service Providers
$5,647,637
$5,016,384
-11%
Advertising & Promotion
$229,329
$231,385
+1%
Offices, Occupancy & IT
$14,230,314
$14,751,362
+4%
Interest
$3,032,976
$2,911,601
-4%
Depreciation
$17,161,364
$18,065,969
+5%
Other
$14,731,937
$15,344,317
+4%
Total Expenses
$153,168,212
$158,188,218
+3%
Net income
2023
2024
Change
Net income
+$417,825
+$29,090,930
+6862%
Functional Expenses
Summary
2023
2024
Change
Program
$131,556,156
$135,914,048
+3%
Admin
$13,831,511
$13,319,242
-4%
Fundraising
$7,780,545
$8,954,928
+15%
Total Expenses
$153,168,212
$158,188,218
+3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)