Charles E. Smith Jewish Day School

Charles E. Smith Jewish Day School looks stable. The school holds 1.5 years of operating cushion, a healthy buffer. Revenue is 82% tuition-dependent (peer median 84%), concentrated but in line with most independent day schools. Staff compensation runs 56% of expenses, about par for the peer cohort. Expenses are outpacing revenue 3.9% vs 1.2% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.9 / 10, adequate — monitor.

Charles E. Smith Jewish Day School reported $39.3M in revenue against $40.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $62.7M — about 1.54x annual operating expense.

Operating margin landed at -3.5%, with 82.2% of revenue coming from tuition. Among same-size peers, that puts Charles E. Smith Jewish Day School at the p13 on operating margin.