The Berkeley Carroll School

The Berkeley Carroll School looks stable. The school holds 11 months of operating cushion, adequate runway. Revenue is highly concentrated at 94% tuition-dependent (peer median 83%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 57% of expenses, leaner than the peer median. Net assets are growing 7.3%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 3.8 / 10, adequate — monitor.

The Berkeley Carroll School operates at 94% tuition dependency — among the most tuition-reliant 3% of peers in its cohort. A soft admissions year would flow straight to operations.

The Berkeley Carroll School reported $63.9M in revenue against $62.8M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $57.4M — about 0.91x annual operating expense.

Operating margin landed at 1.6%, with 94.2% of revenue coming from tuition. Among same-size peers, that puts The Berkeley Carroll School at the p40 on operating margin.