Seacoast Waldorf Association

Analysis

Seacoast Waldorf Association is a registered charity in United States, based in Eliot, ME. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Seacoast Waldorf Association reported income of $1.5m and spending of $1.7m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seacoast Waldorf Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within ME. Charities of a similar size with the same main cause include Schools Out Inc ($1.5m), Bridges Middle School ($1.5m) and Association of Strategic Alliance Professionals Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $116k (6.8% of expenses). Other salaries and wages came to $846k. At year end it held assets of $3.1m against liabilities of $1.7m, net assets of $1.5m. It reported 33 employees.