Walker Inc

Analysis

Walker Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in August 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Walker Inc reported income of $28.1m and spending of $24.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.1m to $28.1m (+22%), an average of +5.1% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walker Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Mitchell College ($28.1m), South Sutter Charter School ($28.2m) and Perkiomen School ($28.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $631k (2.6% of expenses). Other salaries and wages came to $14.6m. At year end it held assets of $42.2m against liabilities of $9.7m, net assets of $32.5m. It reported 374 employees.