Malvern Preparatory School
418 S Warren Ave, Malvern, PA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $48,105,970 | $34,446,912 | $98,490,502 |
| FY2024 | $35,317,828 | $32,193,825 | $81,079,192 |
| FY2023 | $37,484,955 | $30,122,820 | $74,452,127 |
| FY2022 | $36,046,304 | $28,466,982 | $65,074,879 |
| FY2021 | $26,535,718 | $27,145,341 | $61,984,778 |
| FY2020 | $28,393,026 | $26,664,084 | $57,344,479 |
| FY2019 | $29,990,327 | $25,324,842 | $56,375,992 |
| FY2018 | $27,438,870 | $25,419,574 | $52,033,469 |
| FY2017 | $26,875,584 | $25,621,513 | $49,470,472 |
| FY2016 | $28,489,628 | $24,369,867 | $46,507,638 |
| FY2015 | $27,962,611 | $23,186,589 | $44,111,460 |
| FY2014 | $24,492,950 | $21,712,567 | $40,598,724 |
| FY2013 | $22,413,872 | $20,797,241 | $37,380,831 |
| FY2012 | $21,821,175 | $19,861,200 | $35,077,385 |
Form 990 filings
The returns filed by Malvern Preparatory School (EIN 23-1352658), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $18,222,456 | 38% |
| Program service revenue | $28,074,610 | 58% |
| Other revenue | $1,808,904 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $26,664,603 | 77% |
| Management & general | $5,873,763 | 17% |
| Fundraising | $1,908,546 | 6% |
What the numbers show
- Program service revenue made up 58% of total revenue in FY2025.
- Program services accounted for 77% of functional expenses, management & general 17%, and fundraising 6%.
- 77% of functional expenses went to program services in FY2025. That is higher than 34% of 265 Education organizations in PA.
- Net assets covered about 34.3 months of expenses at the end of the reporting year. That puts it in the 68th percentile among 2558 Education organizations in PA.
- Total revenue was higher than 96.3% of 2602 Education organizations in PA.
- Total revenue rose from $21,821,175 in FY2012 to $48,105,970 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2021).
- Net assets grew from $35,077,385 to $98,490,502 between FY2012 and FY2025.
- Contributions and grants made up 13% of revenue in FY2012 and 38% in FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
MALVERN PREPARATORY SCHOOL IS AN INDEPENDENT, AUGUSTINIAN, CATHOLIC SCHOOL THAT EDUCATES ITS STUDENTS IN A CARING ENVIRONMENT, FOCUSED ON ACADEMICS WHILE MAINTAINING BALANCE AMONG SPIRITUALITY, ARTS, ATHLETICS AND ACTIVITIES.
IRS status
| Ruling year | 1946 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B250 — Education (in PA) |
Similar organizations
- Carnegie Library of Pittsburgh — Pittsburgh, PA · $48,193,926
- Lancaster Bible College — Lancaster, PA · $47,366,909
- Mount Aloysius College — Cresson, PA · $50,030,266
- Academy of the New Church — Bryn Athyn, PA · $45,587,386
- Shipley School — Bryn Mawr, PA · $44,903,514
- First Philadelphia Preparatory Charter School — Philadelphia, PA · $44,640,286
- Moore College of Art and Design — Philadelphia, PA · $44,217,975
- Geisinger Commonwealth School of Medicine — Danville, PA · $52,679,675
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.