CANTERBURY SCHOOL OF FLORIDA INC
Mission Statement
Canterbury School of Florida is a co-educational, college preparatory, independent day school, located on two campuses in St. Petersburg, Florida. Canterbury serves students in grades Pre-K3 through 12, emphasizing academics, character education, and community. Our school is recognized for its dedication to student success, providing unique opportunities to learn through exploration, conversation, and connection, including Canterbury’s Marine Studies Program that helps our children foster a lifelong love for nature and environmental stewardship. To learn more about Canterbury’s programs and mission, please visit www.canterburyflorida.org.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.8% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.3% | 13.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.0% | 0.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
44.2% | 546.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.9 mo | 10.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
29.1% | 32.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.1% | 88.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
11.3% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.7% | 5.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.8% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $12.6M | $11.1M | $12.0M | 79.8% | 151 |
| 2024 | $11.3M | $10.6M | $10.5M | 82.5% | 144 |
| 2023 | $10.5M | $10.2M | $9.8M | 65.9% | 131 |
| 2022 | $10.9M | $9.2M | $9.6M | 66.0% | 131 |
| 2021 | $9.7M | $8.7M | N/A | — | 162 |
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