SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
St Paul's School
Concord, NH · Independent K-12NAIS MEMBER
THE READ · FREE SUMMARY
St Paul's School looks durable. The school holds 10.7 years of operating cushion, a deep balance even by boarding-school standards. Revenue is unusually diversified at 29% tuition-dependent (peer median 76%), with the endowment and gifts carrying real weight. Staff compensation runs 45% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 6.7% vs 4.5% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 8.4 / 10, strong.
St Paul's School runs only 29% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.
St Paul's School reported $133.7M in revenue against $89.1M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $953.1M — about 10.70x annual operating expense.
Operating margin landed at 33.4%, with 29.1% of revenue coming from tuition. Among same-size peers, that puts St Paul's School at the p60 on operating margin.
$133.7M
REVENUE FY2024
33.4%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on St Paul's School: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, St Paul's School ranks 2nd by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
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