Tower Hill School

What it reported doing in 2024

Educational programs - tower hill is a co-educational independent school with 867 students from 3 years old through grade 12 in 2024-2025 (293 lower school, 252 middle school, 322 upper school). The school provides an enriched and challenging college preparatory program in which each student's abilities and talents are recognized and respected. The program offers a personalized and innovative approach, built on a strong traditional foundation within a welcoming and inclusive community. Tower hill graduated 85 students in the class of 2025. Members of this class are attending: american musical and dramatic academy, american university, Arizona state university, auburn university, boston college, brown university, bucknell university, carleton college, colby college, Colorado college, columbia university, desales university, drexel university, elon university, emory university, flagler college, fordham university, georgetown university, hamilton college, la salle university, middlebury college, New Jersey institute of technology, New York university, northeastern university, penn state university (university park), princeton university, purdue university, rensselaer polytechnic institute, sacred heart university, savannah college of art and design, sewanee: the university of the south, smith college, swarthmore college, syracuse university, Texas christian university, the university of tampa, the university of Tennessee (knoxville), tufts university, university of California (los angeles), university of California (san diego), university of Delaware, university of Maryland, university of miami, university of Michigan, university of North Carolina at chapel hill, university of notre dame, university of Pennsylvania, university of pittsburgh, university of richmond, university of south Florida, university of Wisconsin (madison), wake forest university, Washington and lee university, and william & mary.

Financial Efficiency

• Mission deployment rate: 67.2%; rating input score 67
• Program expense ratio: 79%; rating input score 79
• Fundraising efficiency: $3.25 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 99.9%; rating input score 100; 39th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 13.2%; rating input score 73; 73rd percentile among comparable filings
• Total-asset coverage ratio: 4.06; rating input score 81; 81st percentile among comparable filings
• Liabilities to assets ratio: 0.12; rating input score 71; 71st percentile among comparable filings
• Officer compensation ratio: 5.5%; rating input score 46; 46th percentile among comparable filings

Growth

• Program expense growth: 3.2% per year; rating input score 100; 28th percentile among comparable filings
• Revenue growth: 6.1% per year; rating input score 100; 53rd percentile among comparable filings
• Asset growth: 5.6% per year; rating input score 100; 40th percentile among comparable filings