Noble Network Of Charter Schools: $240.9M Revenue, $176.5M Program Expenses
Chicago, Illinois · EIN 364241970 · Filing year 2023
Noble Network Of Charter Schools reported $240.9M in total revenue, $226.3M in total expenses, and $243.5M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($176.5M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (84/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $240.9M
- Total Expenses
- $226.3M
- Program Expenses
- $176.5M
- Program Expense Ratio
- 78.0%
- Total Assets
- $243.5M
- Reserve Months
- 12.9 months
- EIN
- 364241970
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
On the LakeQuality nonprofit efficiency rubric, Noble Network Of Charter Schools pulls an A — the highest available grade. The 84/100 composite reflects a combination of program-focused spending, controlled overhead, and the kind of multi-year financial discipline that grant-makers look for.
Annual revenue at Noble Network Of Charter Schools runs $240.9M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Noble Network Of Charter Schools directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Five-year revenue trajectory is strongly positive: Noble Network Of Charter Schools has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Noble Network Of Charter Schools sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.
How Noble Network Of Charter Schools Compares
Noble Network Of Charter Schools directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 84/100 is 10 points above the Education category average. The organization holds 12.9 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Noble Network Of Charter Schools, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Noble Network Of Charter Schools has an Efficiency Score of A (84/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Noble Network Of Charter Schools, Donor FAQ
Noble Network Of Charter Schools has an Efficiency Score of A (84/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Noble Network Of Charter Schools is not reported in the most recent IRS 990 filing on file.
Noble Network Of Charter Schools reported $240.9M in annual revenue and $226.3M in total expenses for filing year 2023. The organization holds $243.5M in total assets.
For every dollar donated to Noble Network Of Charter Schools, approximately 78.0 cents goes to program activities. The organization has 12.9 months of operating reserves, providing financial stability to sustain its mission.
Noble Network Of Charter Schools is a registered 501(c) organization with EIN 364241970, based in Chicago, Illinois. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.