Lake Champlain Waldorf School
Analysis
Lake Champlain Waldorf School is a registered charity in United States, based in Shelburne, VT. It received its IRS tax-exemption ruling in April 1986, 40 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, Lake Champlain Waldorf School reported income of $4.1m and spending of $3.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $4.1m (-4.0%), an average of -1.0% a year. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Champlain Waldorf School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within VT. Charities of a similar size with the same main cause include Frankfort Christian Academy Inc ($4.1m), Veritas Christian Academy Inc ($4.1m) and Doral College Inc ($4.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $257k (6.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.7m against liabilities of $2.8m, net assets of $2.9m. It reported 69 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.1%
- Program services 77%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Frankfort Christian Academy Inc | Frankfort | $4.1m |
| Veritas Christian Academy Inc | Fletcher | $4.1m |
| Doral College Inc | Miami | $4.1m |
| Terrell Academy Inc | Dawson | $4.1m |