SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Salisbury Academy
Salisbury, NC · Independent school
THE READ · FREE SUMMARY
Salisbury Academy looks durable. Reserves cover 7 months of operating expense, a thin runway. Revenue runs 71% tuition-dependent (HiveCheck peer-group median 85%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 60% of expenses, well below the peer median, worth understanding why. NACUBO Composite Financial Index: 7.2 / 10, strong.
Salisbury Academy reported $4.9M in revenue against $4.2M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $2.3M — about 0.55x annual operating expense.
Operating margin landed at 13.3%, with 71.2% of revenue coming from tuition. Among same-size peers, that puts Salisbury Academy at the p90 on operating margin.
$4.9M
REVENUE FY2024
13.3%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
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Ten panels on Salisbury Academy: 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.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Salisbury Academy ranks 8th 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 — 1,650 independent schools with verified financials.
The full school report
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