2.3.4.1Vertical

Catholic & Faith-Based Schools

K-12 schools operated by religious organizations providing faith-integrated education.

Market snapshot

These figures describe K-12 Private & Charter Schools (2.3.4), the segment that Catholic & Faith-Based Schools sits within — not Catholic & Faith-Based Schools on its own.

Companies
~22,400
FragmentationHighly fragmentedEstimate

U.S. Census Bureau 2022 CBP, NAICS 611110 (~22,400 private/charter establishments, ~1.1M employees). Revenue is not shown — schools are largely nonprofit and not covered by the Economic Census; public-district schools are excluded as government.

Business model & economics

Revenue model

Private tuition; public funding for charters

Key economics

Recurring revenue
High

recurring multi-year enrollment

EBITDA margin
Nonprofit surplus model; charters publicly funded
Capex intensity
Moderate

Characteristics

  • School-choice policy supports private and charter demand.
  • Charters are publicly funded but independently operated.
  • Highly fragmented, predominantly nonprofit.

Geographic concentration

AlabamaAlaskaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareHawaiiIowaKentuckyMarylandMichiganMississippiMontanaNew YorkOhioOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaLouisianaRhode IslandDistrict of ColumbiaNew HampshireVermont

Private and charter K-12 over-indexes in Washington, D.C., Vermont, and New Hampshire — markets with strong independent-school traditions and, in D.C., a large charter sector.

District of ColumbiaVermontNew Hampshire

U.S. Census Bureau — 2022 County Business Patterns (establishments by state), NAICS 611110. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Charter management organizations
  • Private-school networks
  • Education real-estate and services providers

What’s driving deals

  • School-choice policy expanding charter and private demand.
  • Charter management organizations scaling networks.
  • Services and real-estate models around nonprofit schools.

Find Catholic & Faith-Based Schools acquisition targets

Search Acquisera’s index for companies classified under Catholic & Faith-Based Schools (2.3.4.1) and build a targeted deal pipeline.

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