SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Virginia Chance School
Louisville, KY · Independent school
THE READ · FREE SUMMARY
Virginia Chance School looks durable. The school holds 15 months of operating cushion, adequate runway. Revenue runs 73% tuition-dependent (peer median 87%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 77% of expenses, generous relative to peers. Net assets are growing 11.1%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 8.8 / 10, strong.
Virginia Chance School reported $5.9M in revenue against $4.4M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $5.3M — about 1.21x annual operating expense.
Operating margin landed at 26.5%, with 73.2% of revenue coming from tuition. Among same-size peers, that puts Virginia Chance School at the p90 on operating margin.
$5.9M
REVENUE FY2023
26.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Virginia Chance School: 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, Virginia Chance School ranks 15th 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 — 1,620 independent schools with verified financials.
The full school report
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