Spring Street International School

Spring Street International School looks durable. Reserves cover 5 months of operating expense, a thin runway. Revenue is 85% tuition-dependent (peer median 89%), concentrated but in line with most independent day schools. Staff compensation runs 66% of expenses, about par for the peer cohort. Expenses are outpacing revenue 7.2% vs 2.3% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 6.1 / 10, strong.

Spring Street International School holds only 5 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Spring Street International School reported $3.2M in revenue against $2.8M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.1M — about 0.39x annual operating expense.

Operating margin landed at 10.9%, with 84.6% of revenue coming from tuition. Among same-size peers, that puts Spring Street International School at the p93 on operating margin.