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Massachusetts · Nonprofit

SHADY HILL SCHOOL

SHADY HILL SCHOOL (Massachusetts) receives grants from 76 organizations whose IRS filings report $9,209,189 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,599,731). 61 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$36M
Funders on record
76
Grants received
$9.2M
Net assets
$112M
61/76 repeat funderspeak grant-dependency 5%
01What it does

What Shady Hill School does

Mission

Shady Hill School is a private, pre-k through grade 8, co-educational day school located on 11 acres in cambridge, massachusetts. The campus contains academic, athletic and administration buildings including a new steam building and makerspace in addition to playgrounds and playing fields. Total enrollment is approximately 530 students. Shady Hill School fosters joyful, active learning informed by multiple perspectives - empowering students to be intellectually adventurous and wholeheartedly just. We believe: play and discovery are central to every child's growth and true exploration takes time; the purpose of knowledge is to create meaning, develop understanding, and inspire action; growing up is a nuanced process and mistakes are catalysts for deeper learning and progress; a strong, interdependent community is the framework for academic confidence and social and emotional health; practicing genuine kindness towards oneself and others helps build a compassionate world; we have a responsibility as individuals and as a community to honor difference, challenge prejudice, and strive for racial and social justice.

As stated on its FY2025 Form 990.

Programs

  1. Instructional - Shady Hill School fosters joyful, active learning informed by multiple perspectives--empowering students to be intellectually adventurous and wholeheartedly just.

    $23,530,251 spentof which $3,849,606 as grants$25,767,105 earned by the program
    93% of program spending
  2. After school & summer camp programs - the goal of the after school program is to provide a relaxed, safe, nurturing, and dynamic neighborhood setting for children once their day ends. We aim to provide a stimulating and fun environment in which children can explore their own unique imaginations, develop friendships and test their abilities. The program is planned with the flexibility to make room for children to initiate and invent their own games and projects. Additionally, we offer a quiet and supportive space for students to work on their homework.our summer camp philosophy is in keeping with the school's mission to create a community of acceptance. We give individual attention and encourage campers to develop a passion for life through playtime, exploration and the business of making friends. We understand the wonderful opportunity that the summer provides for learning and fun.

    $1,385,227 spentof which $324,396 as grants$1,537,360 earned by the program
    5% of program spending
  3. Teacher training center (ttc)- the center provides aspiring teachers with well-guided experiences in pre-k through eighth grade classrooms where practice merged with theory is paramount. Immersion in the classroom while studying and working alongside a talented mentor is the best way to learn how to teach. In this one-year, site-based preparation program, apprentice teachers discover what teaching is all about through observation, supervised teaching, workshops, seminars, and continuous involvement in the life of the school.

    $329,771 spentof which $51,000 as grants$55,800 earned by the program
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $25,245,249.

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 ($24M) Expenses 100 ($23M) Net assets 100 ($74M)2018 Revenue 99 ($23M) Expenses 106 ($24M) Net assets 104 ($77M)2019 Revenue 105 ($25M) Expenses 107 ($24M) Net assets 107 ($79M)2020 Revenue 106 ($25M) Expenses 110 ($25M) Net assets 111 ($82M)2021 Revenue 116 ($27M) Expenses 121 ($28M) Net assets 129 ($96M)2022 Revenue 132 ($31M) Expenses 123 ($28M) Net assets 111 ($83M)2023 Revenue 142 ($34M) Expenses 123 ($28M) Net assets 126 ($94M)2024 Revenue 153 ($36M) Expenses 136 ($31M) Net assets 138 ($102M)2025 Revenue 151 ($36M) Expenses 142 ($32M) Net assets 151 ($112M)
'17'18'19'20'21'22'23'24'25
Revenue (151)Expenses (142)Net assets (151)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 2021 to 2022, from $127M to $108M (−15%).

$106M
$109M
$111M
$113M
$127M
$108M
$119M
$127M
$138M
'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

9% of SHADY HILL SCHOOL’s revenue is contributions — about as donation-reliant as 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. 2 of the last 9 reported years ran a deficit.

$975k
’17
−$649k
’18
$739k
’19
$178k
’20
−$7k
’21
$3.4M
’22
$5.7M
’23
$5.4M
’24
$3.7M
’25
5.8
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

Desiree Humphries Ivey

Exec director, ttc

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed262727262726272828
Joined·+6+9+8+6+7+7+7+6
No longer listed·59958666
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 23 funders to 39 funders, grant income rose $849k → $1.5M.

16 of 76 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 71% 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 SHADY HILL SCHOOL’s funders (the co-funder graph). Top 30 of 76 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

SHADY HILL SCHOOL has a broad base — no single funder exceeds 39% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

71% 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 SHADY HILL SCHOOL.

39%
largest funder
55%
top three
~6
effective funders

Largest funder’s share by year: 2017 59% · 2018 23% · 2019 39% · 2020 42% · 2021 32% · 2022 26% · 2023 50% — 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

62% of SHADY HILL SCHOOL's funders are still giving 3 years after their first grant; 80% 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

71% of SHADY HILL SCHOOL's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.7M that is directly attributable, 59% of it comes from funders outside Massachusetts, across 16 states.

VT
NH
MN
IL
WI
MI
NY
MA
PA
CA
VA
MD
DE
NC
SC
FL

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

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

Funder states come from each funder’s own filing. $6.5M arriving through sponsors registered in 9 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

SHADY HILL SCHOOL runs a healthier operating margin than half of the 3,794 education nonprofits its size.

Operating margin10% · above the median
Months of reserve5.8mo · above the median
Revenue growth (annualized)5% · below the median

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

Organizations like SHADY HILL 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 Massachusetts

Nationally

05Profile & governance

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

Where the money goes

78% of spending goes to programs.

Program 78%Management 18%Fundraising 3%

Governance

21
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for SHADY HILL 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.

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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 SHADY HILL SCHOOL?
SHADY HILL SCHOOL (Massachusetts) receives grants from 76 organizations whose IRS filings report $9,209,189 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,599,731). 61 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SHADY HILL SCHOOL have?
IRS filings report 76 organizations giving $9,209,189 in grants to SHADY HILL SCHOOL, 61 of which have funded it in more than one year.
Who is the largest funder of SHADY HILL SCHOOL?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $3,599,731 in grants. The full list of funders is on this page.
How can an organization like SHADY HILL SCHOOL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 76 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