NOBLE FINANCIALS

Fiscal Scorecard
Each year, CPS rates all charter schools on several key metrics of financial health. Our school’s most recent available scorecard is linked here:

Annual Budget

Our fiscal year starts on July 1 and ends on June 30 of the following year. Our total budget in FY23 is approximately $243M.


FY22 Revenues

The pie chart below breaks down the various sources of our revenue. We are approximately 94% publicly funded via city/state/federal funding, mostly based on per-pupil formulas, as well as our student poverty index. About 2% of our funds are privately raised; we receive minimally significant amounts from student fees and other sources:

FY22 Expenses


The pie chart below breaks down how we spent our funds in FY22.

  • Program personnel costs are 57% of total expenses.
  • Program non-personnel costs at 29% include direct students costs, office administration costs and occupancy costs for all schools.
  • Management and Fundraising at 11% includes Finance, Human Resources, and other central office costs.

Ensuring Positive and Equitable School Experiences for Noble Students Across Chicago

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