The alumnae and present students of this school include daughters and granddaughters of Filipino presidents, industrialists, politicians, businessmen, and prominent figures in Philippine society.

Founded in 1960 as Institución Teresiana, the school was inaugurated by Maria del Carmen Franco de Martinez-Bordiu, the Marquesa de Villaverde and only daughter of Generalissimo Francisco Franco of Spain.

Two-degree programs in the field of education and business administration were offered, effective 2005–2006.

With the expansion into tertiary education, the name of the school was changed to Saint Pedro Poveda College.

[2] On January 11, 2024, the school celebrated one hundred years since the pontifical approval of the Teresian Association in the gymnasium/auditorium with a thanksgiving mass.

The building also houses the high school guidance center, a Music Room, the Guadix Faculty room (for Junior High school), and a Mathematics Lab, aside from the student classrooms.

They also have Conference Rooms, Resource - Incubation Center, and the Vice Principals Office.

On occasions when the Poveda Annex waiting area is closed, all students use this exit to tap out.

The waiting area is connected to an air-conditioned building below Alameda Hall which houses the Registrar and Admissions Office, HRMDO, and Finance.

This is a dining area used by grade 12 students with pathways connecting to the canteen, gymnasium/auditorium, covered walk, and the Segovia Building.