SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Town School for Boys
San Francisco, CA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Town School for Boys looks durable. The school holds 3.2 years of operating cushion: deep institutional balance. Revenue is unusually diversified at 60% tuition-dependent (peer median 81%). Staff compensation runs 60% of expenses, about par for the peer cohort. Net assets are growing 8.9%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 9.1 / 10, strong.
Town School for Boys holds 3.2 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.
Town School for Boys reported $35.1M in revenue against $27.6M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $87.2M — about 3.16x annual operating expense.
Operating margin landed at 21.4%, with 60.2% of revenue coming from tuition. Among same-size peers, that puts Town School for Boys at the p48 on operating margin.
$35.1M
REVENUE FY2024
21.4%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
Subscribe to see the full report.
Ten panels on Town School for Boys: 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.
ANNUAL SUBSCRIPTION · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT
WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Town School for Boys ranks 5th 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
Ten panels. One school. A year of access.
$250 a year — or $100 the first year for the founding 100.
ANNUAL SUBSCRIPTION · $100 FIRST YEAR FOR FOUNDING MEMBERS · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT