Skip to content

Pennsylvania · Nonprofit

MALVERN PREPARATORY SCHOOL

MALVERN PREPARATORY SCHOOL (Pennsylvania) receives grants from 64 organizations whose IRS filings report $21,882,991 to it, the largest being BUSINESS LEADERSHIP ORGANIZED FOR CATHOLIC SCHOOLS ($7,585,366). 38 of them have funded it in more than one year.

Revenue FY2025
$48M
Funders on record
64
Grants received
$22M
Net assets
$98M
38/64 repeat funderspeak grant-dependency 8%
01What it does

What Malvern Preparatory School does

Mission

An augustinian school, catholic and independent, living the augustinian spirit of veritas, unitas and caritas. Veritas (truth) - malvern is dedicated to the pursuit of truth through academic excellence and the growth of each of its students, so that he is prepared fully for college and for a life of integrity and courageous leadership. Unitas (unity) - seeking oneness of mind and heart in the journey toward god, malvern strives to build a diverse community in which a caring faculty works with parents and students to instill in everyone a personal responsibility for the common good. Caritas (love) - inspired by christ, the malvern tradition invites each individual to grow and give in a family distinguished by respect, challenge, service and exceptional love.

As stated on its FY2025 Form 990.

Program

  1. College preparatory education for students in grades 6-12, related athletic and other extra curricular programs for approximately 670 students.

    $26,664,603 spentof which $5,310,200 as grants$28,423,527 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $26,664,603.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($27M) Expenses 100 ($26M) Net assets 100 ($49M)2018 Revenue 102 ($27M) Expenses 99 ($25M) Net assets 105 ($52M)2019 Revenue 112 ($30M) Expenses 99 ($25M) Net assets 114 ($56M)2020 Revenue 106 ($28M) Expenses 104 ($27M) Net assets 116 ($57M)2021 Revenue 99 ($27M) Expenses 106 ($27M) Net assets 125 ($62M)2022 Revenue 134 ($36M) Expenses 111 ($28M) Net assets 132 ($65M)2023 Revenue 139 ($37M) Expenses 118 ($30M) Net assets 150 ($74M)2024 Revenue 131 ($35M) Expenses 126 ($32M) Net assets 164 ($81M)2025 Revenue 179 ($48M) Expenses 134 ($34M) Net assets 199 ($98M)
'17'18'19'20'21'22'23'24'25
Revenue (179)Expenses (134)Net assets (199)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $101M to $121M (+19%).

$61M
$64M
$69M
$71M
$75M
$77M
$86M
$101M
$121M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

38% of MALVERN PREPARATORY SCHOOL’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$1.3M
’17
$2.0M
’18
$4.7M
’19
$1.7M
’20
−$610k
’21
$7.6M
’22
$7.4M
’23
$3.1M
’24
$14M
’25
4.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Neha Morrison

Exec. Dir. Of hr

Board chair

J Michael Riordan Esq

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed292928282829313433
Joined·+3+4+6+5+6+6+7+6
No longer listed·35655447
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 17 funders to 26 funders, grant income rose $1.3M → $3.0M.

15 of 64 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MALVERN PREPARATORY SCHOOL’s funders (the co-funder graph). Top 30 of 64 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MALVERN PREPARATORY SCHOOL leans on a few funders — its largest provides 35% of grant income and the top three 66%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

67% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MALVERN PREPARATORY SCHOOL.

35%
largest funder
66%
top three
~5
effective funders

Largest funder’s share by year: 2017 77% · 2018 34% · 2019 64% · 2020 66% · 2021 63% · 2022 68% · 2023 39% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

46% of MALVERN PREPARATORY SCHOOL's funders are still giving 3 years after their first grant; 59% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

74% of MALVERN PREPARATORY SCHOOL's grant income comes from Pennsylvania funders.

IL
NY
MA
OH
PA
CT
CA
MD
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $7.0M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MALVERN PREPARATORY SCHOOL runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin28% · top quartile
Months of reserve4.1mo · above the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like MALVERN PREPARATORY SCHOOL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 17%Fundraising 6%

Governance

27
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for MALVERN PREPARATORY SCHOOL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MALVERN PREPARATORY SCHOOL?
MALVERN PREPARATORY SCHOOL (Pennsylvania) receives grants from 64 organizations whose IRS filings report $21,882,991 to it, the largest being BUSINESS LEADERSHIP ORGANIZED FOR CATHOLIC SCHOOLS ($7,585,366). 38 of them have funded it in more than one year.
How many funders does MALVERN PREPARATORY SCHOOL have?
IRS filings report 64 organizations giving $21,882,991 in grants to MALVERN PREPARATORY SCHOOL, 38 of which have funded it in more than one year.
Who is the largest funder of MALVERN PREPARATORY SCHOOL?
BUSINESS LEADERSHIP ORGANIZED FOR CATHOLIC SCHOOLS is the largest funder on record, with $7,585,366 in grants. The full list of funders is on this page.
How can an organization like MALVERN PREPARATORY SCHOOL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Malvern Preparatory School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 64 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing