Shady Hill School

Shady Hill School looks durable. The school holds 3.5 years of operating cushion: deep institutional balance. Revenue runs 76% tuition-dependent (peer median 81%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 52% of expenses, leaner than the peer median. Net assets are growing 10.7%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 8.2 / 10, strong.

Shady Hill School holds 3.5 years of operating expense in net assets — a deeper reserve position than most independent day schools carry. Less exposed than peers to a one-year admissions shock.

Shady Hill School reported $35.9M in revenue against $32.2M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $112.0M — about 3.48x annual operating expense.

Operating margin landed at 10.3%, with 76.2% of revenue coming from tuition. Among same-size peers, that puts Shady Hill School at the p83 on operating margin.