SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Grace Church School
New York, NY · Independent K-12NAIS MEMBER
THE READ · FREE SUMMARY
Grace Church School looks strained. Reserves cover 5 months of operating expense, a thin runway. Revenue is 89% tuition-dependent (peer median 83%), concentrated but in line with most independent day schools. Staff compensation runs 52% of expenses, well below the peer median, worth understanding why. Three-year net-asset trend is negative (-10.4%/yr), indicating reserve drawdown. NACUBO Composite Financial Index: 0.1 / 10, re-engineer.
Grace Church School holds only 5 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.
Grace Church School reported $57.7M in revenue against $61.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $26.0M — about 0.42x annual operating expense.
Operating margin landed at -6.4%, with 89.1% of revenue coming from tuition. Among same-size peers, that puts Grace Church School at the p17 on operating margin.
$57.7M
REVENUE FY2023
-6.4%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Grace Church School: 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, Grace Church School ranks 10th 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.
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