SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Birch Wathen Lenox School
New York, NY · Independent school
THE READ · FREE SUMMARY
The Birch Wathen Lenox School shows signs of real financial distress. On the latest filing, net assets are negative on the latest filing — liabilities exceed total assets, so there is no reserve cushion. Revenue is highly concentrated at 92% tuition-dependent (peer median 83%): a soft admissions year would flow straight to the bottom line. Staff compensation runs 48% of expenses, well below the peer median, worth understanding why. NACUBO Composite Financial Index: -2.3 / 10, distressed.
The Birch Wathen Lenox School operates at 92% tuition dependency — among the most tuition-reliant 17% of peers in its cohort. A soft admissions year would flow straight to operations.
The Birch Wathen Lenox School reported $21.6M in revenue against $24.5M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at -$659K.
Operating margin landed at -13.4%, with 92.0% of revenue coming from tuition. Among same-size peers, that puts The Birch Wathen Lenox School at the p13 on operating margin.
$21.6M
REVENUE FY2023
-13.4%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on The Birch Wathen Lenox 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, The Birch Wathen Lenox School ranks 13th 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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