Cape Henry Collegiate

Cape Henry Collegiate looks durable. The school holds 1.9 years of operating cushion, a healthy buffer. Revenue is 89% tuition-dependent (peer median 82%), concentrated but in line with most independent day schools. Staff compensation runs 60% of expenses, about par for the peer cohort. Expenses are outpacing revenue 7.9% vs 3.9% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 7.9 / 10, strong.

Cape Henry Collegiate reported $28.7M in revenue against $25.8M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $49.1M — about 1.91x annual operating expense.

Operating margin landed at 10.0%, with 88.9% of revenue coming from tuition. Among same-size peers, that puts Cape Henry Collegiate at the p67 on operating margin.