SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Vermont Academy
Saxtons River, VT · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Vermont Academy looks stable. The school holds only 13 months of operating cushion, unusually thin for a boarding school's residential capex load. Revenue runs 77% tuition-dependent (peer median 87%), heavier than the boarding cohort typically carries, so the cushion does real work. Staff compensation runs 34% of expenses, well below the peer median, worth understanding why. Three-year net-asset trend is negative (-6.2%/yr), indicating reserve drawdown. NACUBO Composite Financial Index: 4.6 / 10, adequate — monitor.
Vermont Academy reported $18.8M in revenue against $18.9M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $19.7M — about 1.05x annual operating expense.
Operating margin landed at -0.4%, with 76.6% of revenue coming from tuition. Among same-size peers, that puts Vermont Academy at the p37 on operating margin.
$18.8M
REVENUE FY2023
-0.4%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Vermont Academy: 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, Vermont Academy ranks 6th 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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