Waldorf School Inc

Analysis

Waldorf School Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in April 1976, 50 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, Waldorf School Inc reported income of $5.8m and spending of $6.1m, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.7m to $5.8m (+25%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waldorf School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Darien Library Inc ($5.8m), New Life Academy of Excellence Inc ($5.8m) and Northstar School of Innovation & Leadership ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $540k (8.8% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $6.4m against liabilities of $1.7m, net assets of $4.7m. It reported 79 employees.