The Woodhall School

The Woodhall School looks stable. The school holds 2.5 years of operating cushion, on the lighter end for a boarding school. Revenue runs 88% tuition-dependent (peer median 86%), heavier than the boarding cohort typically carries, so the cushion does real work. Staff compensation runs 56% of expenses, leaner than the peer median. Expenses are outpacing revenue 12.4% vs 1.5% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.9 / 10, adequate — monitor.

The Woodhall School reported $4.1M in revenue against $4.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $10.6M — about 2.52x annual operating expense.

Operating margin landed at -2.5%, with 88.1% of revenue coming from tuition. Among same-size peers, that puts The Woodhall School at the p28 on operating margin.