A healthy outlook
This year was a year of growth for Crofton House . Enrollment reached a new high of 889 students . Total revenues were $ 27.1 million , up from $ 25.6 million the prior year due to increased enrollment and donations received . Total expenses were $ 24.5 million , up from $ 20.8 million the prior year , mainly due to amortization , interest
Revenues – $ 27.1 m
Tuition Fees $ 17.3 m ( 63.8 %)
Donations $ 5.6 m ( 20.7 %)
Government Grant $ 2.5 m ( 9.2 %)
Alumnae Assoc . & PA Assoc . $ 0.6 m ( 2.2 %)
Entrance & Application Fees $ 0.5 m ( 1.8 %)
Miscellaneous $ 0.4 m ( 1.5 %)
Contributions Toward Scholarships & Bursaries $ 0.2 m ( 0.8 %)
Expenses – $ 24.5 m
Salaries & Benefits $ 14.2 m ( 58.0 %)
Amortization $ 2.5 m ( 10.2 %)
Building & Grounds $ 1.5 m ( 6.1 %)
Administration $ 1.3 m ( 5.3 %)
Advancement & Cost of Fundraising $ 1.3 m ( 5.3 %)
Teaching Supplies $ 1.1 m ( 4.5 %)
Community Dining $ 1.1 m ( 4.5 %)
Alumnae Assoc . & PA Assoc . $ 0.4 m ( 1.6 %)
Interest $ 0.4 m ( 1.6 %)
Miscellaneous $ 0.4 m ( 1.6 %)
Scholarships & Bursaries $ 0.3 m ( 1.3 %)