I have reviewed financials of private schools that charge in the upper 40,000 per student and still receive contributions and are netting (not gross, net) 8-10 million a year and have reserves and endowments of many millions. But this not the case for any of the yeshivas I’ve seen. Any one that actually showed a net gain for the year was based on donations tiding them over. And the gains were not huge and for the most part were used for buildings and he like which are not expensed as spent.
I don’t think we’re talking about the same numbers.
I’m saying if you take the annual budget (say, 1.5 million), and divide it by the number of kids (say, 200), then you get the amount it costs to educate each kid in that school (in my example based on nothing, 7500).
In that example, based on nothing, I would categorically refuse to pay more than 7500 per kid.
Do you insist the school operate at a non profit or do you believe they are entitled to operate at a profit?
Not sure what you mean by that. I’m not aware of any yeshiva day school which is run as a business for profit and the owner takes home the equity interest. They’re all run as nonprofit organizations which means that any extra they make over what they spend stays inside the organization.