Waldorf School at Moraine Farm Inc

Analysis

Waldorf School at Moraine Farm Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in December 1985, 41 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 at Moraine Farm Inc reported income of $2.0m and spending of $2.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.0m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waldorf School at Moraine Farm Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Martinsville Giving Nest Inc ($2.0m), Code in the Schools Inc ($2.0m) and Early Learning Child Care Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.4m against liabilities of $1.7m, net assets of $1.6m. It reported 52 employees.