Noble and Greenough School
Noble and Greenough School reported $84.8 million in revenue and $65.1 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $84.31 went to program services, $9.28 to management and general costs and $6.41 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 53.0% of the total. The highest compensation it reported for one person was $983,650 (HEAD OF SCHOOL). 58 people received more than $100,000 in reportable compensation. Revenue rose 83% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $65MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $85MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 6.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.14 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 34.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 53.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $983,650 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.51% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 58 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 66.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 23 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseNoble & Greenough School: instructional activity to students from grade 7 to 12 - 634 students, 137 members of faculty. Financial aid is granted
Nobles day camp: 8 week program for the greater boston community - 1,575 campers, 324 staff
Achieve: a tuition-free educational program serving low-income middle school children from boston public schools, achieve provides academic and personal enrichment through a rigorous and engaging six-week summer program and ongoing academic year tutoring and support. Achieve seeks to increase students' academic skills, motivation, and self-confidence and put them on the path to college - 67 students, 26 members of faculty
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD OF SCHOOL Director/trustee, officer, 40.00 hrs/week | $594,860 | $0 | $388,790 | $983,650 |
| CFOO AND ASST. HEAD OF SCHOOL Officer, 40.00 hrs/week | $366,832 | $0 | $96,273 | $463,105 |
| ASSISTANT HEAD OF SCHOOL Officer, 40.00 hrs/week | $333,041 | $0 | $68,868 | $401,909 |
| CHIEF ADVANCEMENT OFFICER Key employee, 40.00 hrs/week | $196,215 | $0 | $171,803 | $368,018 |
| DIRECTOR OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $185,457 | $0 | $147,060 | $332,517 |
| ATHLETIC DIRECTOR Highest compensated employee, 40.00 hrs/week | $173,309 | $0 | $133,374 | $306,683 |
| HEAD OF UPPER SCHOOL Highest compensated employee, 40.00 hrs/week | $209,301 | $0 | $64,254 | $273,555 |
| HEAD OF COLLEGE COUNSELING Highest compensated employee, 40.00 hrs/week | $184,978 | $0 | $55,042 | $240,020 |
58 people received more than $100,000 in reportable compensation from Noble and Greenough School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 23 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5674
- Volunteers Part I, line 665
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SHAWMUT DESIGN AND CONSTRUCTION Construction services | $18,452,430 |
| FLIK COMPASS GROUP USA Food services | $1,741,579 |
| WILLIAM RAWN ASSOCIATES Architectural services | $1,416,236 |
| UG2 LLC Janitorial services | $550,682 |
| CSL CONSULTING Consulting services | $204,351 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Private foundation grants it received
35 private foundations reported grants to Noble and Greenough School totaling $241K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Noble and Greenough School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Noble and Greenough School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Noble and Greenough School spent in FY2025, $84.31 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Alma CollegeAlma, MI · revenue $85M · programs 90.5% · FY2025
- Felician UniversityLodi, NJ · revenue $85M · programs 92.4% · FY2025
- Hartwick CollegeOneonta, NY · revenue $85M · programs 92.8% · FY2025
- Dexter SouthfieldBrookline, MA · revenue $85M · programs 85.2% · FY2025
- Our Lady of the Lake University of San AntonioSan Antonio, TX · revenue $85M · programs 88.5% · FY2025
All education charities · Largest charities in Massachusetts
Questions people ask
How much of Noble and Greenough School's spending goes to programs?
In the fiscal year ending August 31, 2025, Noble and Greenough School reported that 84.3% of its $65.1 million in expenses went to program services, 9.3% to management and general and 6.4% to fundraising (Form 990, Part IX).
How much does Noble and Greenough School pay its top executive?
The largest total compensation Noble and Greenough School reported for one person in the fiscal year ending August 31, 2025 was $983,650, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Noble and Greenough School get its money?
Of $84.8 million in revenue in the fiscal year ending August 31, 2025, 34.5% came from contributions and grants and 53.0% from program service revenue (Form 990, Part VIII).
Is Noble and Greenough School a registered charity?
The IRS lists EIN 04-2104784 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202621969349301037 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202531969349302303 · read the filing
- FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202421949349301602 · read the filing
- FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202311989349301136 · read the filing
- FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202241959349300014 · read the filing
- FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202121969349300017 · read the filing
All filings for EIN 04-2104784: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.