Financial Benchmarking Survey

Financial Benchmarking Survey

The Independent Schools Financial Benchmarking Survey is the most authoritative source of financial information on the sector available today. It is an annual survey now in it's 25th year, supported by all the leading sector organisations and has data from schools covering three quarters of all pupils at ISC Schools. The 2020 survey had 597 returns from 750 schools.

The Independent Schools Financial Benchmarking Survey was started by Tim Baines in 1996 and has been issued every year since then. It has grown to become the official financial survey for the sector supported by the ISC, the ISBA, AGBIS, IAPS, HMC, GSA and the ISA. Participants receive a “first-cut” data email from Tim Baines in early March in time to inform their Spring Term budgeting and fee-setting meetings and they also receive a copy of the published report. This report is launched each May at the ISBA Annual Conference. Data is collected online each January via the ISC website and all ISC schools are invited to participate. Non participants can purchase copies from May onwards.

Whilst the published survey provides overall market intelligence schools wishing to use the data to assess their own school’s comparative performance are encouraged to purchase a custom benchmark report comparing their school’s key ratios just with peer schools. More information on custom benchmark reports can be found in our Publications section..