Canterbury School Incorporated

Canterbury School Incorporated looks stable. The school holds 2.7 years of operating cushion, on the lighter end for a boarding school. Revenue runs 77% tuition-dependent (peer median 77%), heavier than the boarding cohort typically carries, so the cushion does real work. Staff compensation runs 46% of expenses, leaner than the peer median. Expenses are outpacing revenue 6.4% vs 4.0% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 4.4 / 10, adequate — monitor.

Canterbury School Incorporated reported $29.2M in revenue against $29.7M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $79.8M — about 2.69x annual operating expense.

Operating margin landed at -1.7%, with 77.4% of revenue coming from tuition. Among same-size peers, that puts Canterbury School Incorporated at the p27 on operating margin.