THE TAFT SCHOOL CORPORATION

WATERTOWN, CT, 06795 (860) 945-7777 Est. 1930 EIN 06-0646921

B250 - Education 990 - Public charity return 501(c)(3)

Mission

THE MISSION OF THE SCHOOL IS TO EDUCATE THE WHOLE STUDENT.

Total Revenue

$122,752,450

Total Expenses

$68,406,313

Net Assets

$464,027,923

399 employees 29 volunteers

From latest filing (tax period ending 2025-06-30)

Operating Reserve

6.8 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 52.7%

Expenses ↑ 3.9%

Revenue Sources

Contributions 20.5% Earned revenue 35.3% Investment 43.6% Other 1.0%

Expense Breakdown

Program 82.4% Management 11.8% Fundraising 5.8%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$122,752,450 ↑	$68,406,313	$464,027,923
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$80,362,023 ↑	$65,837,521	$429,112,372
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$72,655,289 ↓	$63,893,459	$402,117,150
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$83,525,324 ↑	$59,337,990	$382,345,043
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$67,557,837 ↑	$53,387,250	$414,257,987
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$59,540,294 ↓	$51,725,535	$344,673,618
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$63,226,517	$51,622,424	$360,260,175