Education
(B20)
IRS Verified
DX Registered
990 on File
GRAY CHARTER
Financial strength (30%)
78/100
Reliability (20%)
55/100
Effectiveness (25%)
87/100
Impact (25%)
55/100
CharityAI™ Score
Not yet evaluated
Mission Statement
The Gray Charter School provides a diverse K–8 student body with a strong academic foundation in an environment that celebrates achievement and opportunity. Through dedicated teaching, high expectations, and meaningful educational experiences, we strive to help every child succeed, build confidence, and develop the knowledge and character needed for a lifetime of learning.
Financial Overview — FY 2025
$7.6M
Total Revenue
$7.9M
Total Expenses
$2.8M
Net Assets
42
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.1%
Fundraising Efficiency
N/A
Operating Reserve
4.27x
Liability-to-Asset
13.4%
Revenue Diversification
97.0%
Executive Compensation
$501K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.1% | 84.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
29.9% | 12.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.3 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
13.4% | 21.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.0% | 89.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-1.9% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.1% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.6% | 3.0% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Promoting exposure, opportunity, optimism and health and wellness within our student's population | 50 | $400.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $7.6M | $7.9M | $2.8M | 70.1% | 42 |
| 2024 | $7.8M | $7.8M | $3.1M | 72.8% | 42 |
| 2023 | $8.2M | $7.7M | $3.1M | 72.1% | 46 |
| 2022 | $7.5M | $6.9M | $2.6M | 70.9% | 44 |
| 2021 | $6.7M | $6.5M | N/A | — | 43 |
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