SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
St Thomas School
Medina, WA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
St Thomas School looks stable. The school holds 3.4 years of operating cushion: deep institutional balance. Revenue is 87% tuition-dependent (peer median 86%), concentrated but in line with most independent day schools. Staff compensation runs 57% of expenses, leaner than the peer median. Expenses are outpacing revenue 9.3% vs -0.2% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 4.7 / 10, adequate — monitor.
St Thomas School holds 3.4 years of operating expense in net assets — a deeper reserve position than most independent day schools carry. Less exposed than peers to a one-year admissions shock.
St Thomas School reported $17.0M in revenue against $16.7M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $57.3M — about 3.43x annual operating expense.
Operating margin landed at 1.5%, with 87.0% of revenue coming from tuition. Among same-size peers, that puts St Thomas School at the p43 on operating margin.
$17.0M
REVENUE FY2023
1.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on St Thomas 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, St Thomas School ranks 9th 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.
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