Schools Hub: North Brisbane’s Richest Schools
Brisbane North’s richest school has raked in more than $321.4 million in five years with the total income per student sitting at $37,589 in 2022, the most recent school funding statistics reveal. RICHEST AND POOREST RANKED
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Brisbane North’s richest school has raked in more than $321.4 million in five years with the total income per student sitting at $37,589 in 2022, the most recent school funding statistics reveal.
An independent analysis of school financial records from the MySchool website have shown the massive amount of money some schools make every year, and how little some schools are forced to scrape by on.
The figures revealed Brisbane Grammar School in Brisbane had a higher gross income than any other school in the Brisbane North region.
The school made a gross income of $321.4 million, according to financial records from the combined past five years.
The school’s income increased by 15 per cent between 2018 and 2022.
The region’s second richest school was St Peters Lutheran College, in Indooroopilly, which had a gross income of $284.8 million.
Its total gross income per student in 2022 was $28,328.
The school with the third highest gross income was Brisbane Girls Grammar School, in Brisbane, which made $246.4 million.
Its total gross income per student in 2022 was $35,914.
The figures include all fees, charges and parental contributions as well as State and Federal Government funding and any other private sources over the five years from 2018 to 2022.
It does not include any deductions for capital works or debt servicing.
The analysis does not include special schools or schools that did not have complete financial data in MySchool for one or more of the five years.
Angelorum College at Fortitude Valley had the lowest gross income of any school in the Brisbane North region.
It made just $3.4 million over the five year period.
Its total gross income increased by 86 percent from 2018 to 2022 while the total gross income per student in 2022 was $17,976.
Upper Brookfield State School at Upper Brookfield had the second lowest gross income of any school in the Brisbane North region.
It made just $4.9 million over the five year period.
Its total gross income increased by 19 per cent from 2018 to 2022 while the total gross income per student in 2022 was $20,323.
Hendra State School at Hendra had the third lowest gross income of any school in the Brisbane North region.
It made just $5.5 million over the five year period.
Its total gross income fell by 12 per cent from 2018 to 2022 while the total gross income per student in 2022 was $27,828.
RICHEST SCHOOLS IN BRISBANE NORTH
Brisbane Grammar School: $321.4 million
St Peters Lutheran College: $284.8 million
Brisbane Girls Grammar School: $246.4 million
Kelvin Grove State College: $235.7 million
St Joseph’s Nudgee College: $232.6 million
St Joseph’s College, Gregory Terrace: $227.4 million
Brisbane Boys’ College: $220.3 million
All Hallows’ School: $197.8 million
Marist College Ashgrove: $192.2 million
Indooroopilly State High School: $163.4 million
POOREST SCHOOLS IN BRISBANE NORTH
Angelorum College: $3.4 million
Upper Brookfield State School: $4.9 million
Hendra State School: $5.5 million
Hubbard’s School: $6.9 million
Pine Community School: $7.8 million
Brisbane Independent School: $8.3 million
Music Industry College: $9.6 million
Hamilton State School: $10.7 million
Zillmere State School: $11.5 million
Somerset Hills State School: $11.7 million
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