SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Boys' Latin School of Maryland
Baltimore, MD · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
The Boys' Latin School of Maryland looks durable. The school holds 3.3 years of operating cushion: deep institutional balance. Revenue runs 72% tuition-dependent (peer median 83%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 50% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 5.3% vs -5.4% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 6.0 / 10, strong.
The Boys' Latin School of Maryland 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.
The Boys' Latin School of Maryland reported $30.2M in revenue against $28.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $95.4M — about 3.34x annual operating expense.
Operating margin landed at 5.5%, with 72.5% of revenue coming from tuition. Among same-size peers, that puts The Boys' Latin School of Maryland at the p60 on operating margin.
$30.2M
REVENUE FY2023
5.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
Subscribe to see the full report.
Ten panels on The Boys' Latin School of Maryland: 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.
ANNUAL SUBSCRIPTION · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT
WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, The Boys' Latin School of Maryland 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.
The full school report
Ten panels. One school. A year of access.
$250 a year — or $100 the first year for the founding 100.
ANNUAL SUBSCRIPTION · $100 FIRST YEAR FOR FOUNDING MEMBERS · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT