Foxcroft School

Foxcroft School looks stable. The school holds 8.3 years of operating cushion, typical for a residential school of this scale. Revenue runs 58% tuition-dependent (peer median 83%), moderate diversification with a meaningful endowment and contributions base. Staff compensation runs 39% of expenses, well below the peer median, worth understanding why. Expenses are outpacing revenue 6.0% vs 2.9% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.4 / 10, adequate — monitor.

Foxcroft School carries 8.3 years of operating cushion in net assets — a balance even most established boarding schools don't hold. The endowment is doing the work most peer schools rely on tuition to do.

Foxcroft School reported $17.5M in revenue against $19.2M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $159.5M — about 8.31x annual operating expense.

Operating margin landed at -9.7%, with 58.3% of revenue coming from tuition. Among same-size peers, that puts Foxcroft School at the p10 on operating margin.