Portland Jewish Academy

Portland Jewish Academy looks stable. The school holds 11 months of operating cushion, adequate runway. Revenue is 83% tuition-dependent (peer median 85%), concentrated but in line with most independent day schools. Staff compensation runs 73% of expenses, generous relative to peers. Expenses are outpacing revenue 11.4% vs 2.9% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.7 / 10, adequate — monitor.

Portland Jewish Academy reported $8.8M in revenue against $8.9M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $7.9M — about 0.89x annual operating expense.

Operating margin landed at -0.5%, with 82.8% of revenue coming from tuition. Among same-size peers, that puts Portland Jewish Academy at the p43 on operating margin.