Charity Search / GRAY CHARTER
Education (B20) IRS Verified DX Registered

GRAY CHARTER

EIN: 22-3626543 · NEWARK, NJ 07102 · United States · FY 2023 Data
5 out of 5
CharityAI™ Score
Not yet evaluated
Mission Statement

The Gray Charter School's mission is to provide its diverse student body the best possible education by focusing on the fundamental academic disciplines in an atmosphere that affirms academic achievements, and in so doing, to offer the community true choice in public education. In kindergarten through eighth grade, a solid foundation must be built for a lifetime of learning. We believe that committed and dedicated teachers can make every child an achiever. We believe in making the poor student good and the good student superior. We will be molding students for the future by making today different. The classroom is a workshop where all children find the opportunity to give might to their brains. Children will be encouraged to never let the bad conquer the good, thus enabling them with power to go through life with clear and uncluttered channels.

Financial Overview — FY 2023
$8.2M
Total Revenue
$7.7M
Total Expenses
$3.1M
Net Assets
46
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 72.1%
Fundraising Efficiency 0.0%
Operating Reserve 4.75x
Liability-to-Asset 8.1%
Revenue Diversification 99.5%
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
2023 $8.2M $7.7M $3.1M 72.1% 46
2022 $7.5M $6.9M N/A 44
2021 $6.7M $6.5M N/A 43
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Organization Details
EIN
22-3626543
State
NJ
City
NEWARK
ZIP
07102
NTEE Code
B20
Category
Education
Rating
86★
Last Updated
Oct 2025
IRS Ruling Year
1999
Foundation Code
11
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