William Penn Charter School

William Penn Charter School sits in the watch range. The school holds 3.3 years of operating cushion: deep institutional balance. Revenue runs 78% tuition-dependent (peer median 80%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 48% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 5.7% vs -3.4% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.0 / 10, watch.

William Penn Charter School holds 3.3 years of operating expense in net assets — a deeper reserve position than most independent day schools carry. Less exposed than peers to a one-year admissions shock.

William Penn Charter School reported $53.5M in revenue against $56.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $185.8M — about 3.31x annual operating expense.

Operating margin landed at -4.9%, with 78.5% of revenue coming from tuition. Among same-size peers, that puts William Penn Charter School at the p17 on operating margin.