---
title: Schools Financial Benchmarking Tool
description: The Schools Financial Benchmarking Tool helps schools and trusts to compare their finances with similar schools and trusts and make comparisons between...
image: https://blog.schoolsandacademiesshow.co.uk/hubfs/DfE-300x150-1.png
---

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 October 29, 2019

# Schools Financial Benchmarking Tool

    Chris Callaghan  ·   1 minute read

**What is the Schools Financial Benchmarking Tool?**

The [Schools Financial Benchmarking Tool](https://schools-financial-benchmarking.service.gov.uk/) helps schools and trusts to compare their finances with similar schools and trusts and make comparisons between income, balances and workforce structures.

**Why benchmark?**

Benchmarking helps schools to:

- make better-informed decisions and triggers further discussion
- facilitate peer learning and exchange of ideas between schools and academies
- compare spending with other similar schools or academy trusts
- consider how to use resources to support high-quality teaching and education outcomes for pupils
- consider whether resource allocations are working or whether outcomes could be improved by doing things differently

Where can I find out more?

Visit the [schools financial benchmarking website](https://schools-financial-benchmarking.service.gov.uk/) to find your school’s information and make comparisons with similar schools.

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