SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Chelsea Day School
New York, NY · Independent school
THE READ · FREE SUMMARY
Chelsea Day School shows signs of real financial distress. Reserves cover under 1 months of expenses, a precarious runway. Revenue runs 79% tuition-dependent (peer median 82%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 63% of expenses, about par for the peer cohort. NACUBO Composite Financial Index: -2.0 / 10, distressed.
Chelsea Day School holds only 1 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.
Chelsea Day School reported $4.3M in revenue against $4.8M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $279K — about 0.06x annual operating expense.
Operating margin landed at -12.0%, with 78.7% of revenue coming from tuition. Among same-size peers, that puts Chelsea Day School at the p27 on operating margin.
$4.3M
REVENUE FY2023
-12.0%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Chelsea Day 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, Chelsea Day School ranks 16th 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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