Gramon Family of Schools Corporation

Analysis

Gramon Family of Schools Corporation is a registered charity in United States, based in Fairfield, NJ. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gramon Family of Schools Corporation reported income of $59k and spending of $84k, spending 142% of what it took in. Over the whole period it spent 142% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gramon Family of Schools Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($59k), Godley Atheltic Booster Club ($59k) and Wray School District Education Foundation Inc ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 37% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.