Charlotte Jewish Day School

Charlotte Jewish Day School looks stable. Reserves cover 7 months of operating expense, a thin runway. Revenue runs 69% tuition-dependent (peer median 85%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 71% of expenses, about par for the peer cohort. Expenses are outpacing revenue 14.9% vs -0.5% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 4.4 / 10, adequate — monitor.

Charlotte Jewish Day School reported $3.4M in revenue against $3.3M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $2.0M — about 0.61x annual operating expense.

Operating margin landed at 4.9%, with 69.2% of revenue coming from tuition. Among same-size peers, that puts Charlotte Jewish Day School at the p52 on operating margin.