SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Academy at Charlemont
Charlemont, MA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
The Academy at Charlemont sits in the watch range. Reserves cover 6 months of operating expense, a thin runway. Revenue is 84% tuition-dependent (peer median 89%), concentrated but in line with most independent day schools. Staff compensation runs 44% of expenses, well below the peer median, worth understanding why. NACUBO Composite Financial Index: 1.2 / 10, watch.
The Academy at Charlemont reported $3.2M in revenue against $3.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.7M — about 0.52x annual operating expense.
Operating margin landed at -1.1%, with 84.3% of revenue coming from tuition. Among same-size peers, that puts The Academy at Charlemont at the p46 on operating margin.
$3.2M
REVENUE FY2023
-1.1%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on The Academy at Charlemont: 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, The Academy at Charlemont ranks 14th 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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