Meadowbrook Waldorf Association

Analysis

Meadowbrook Waldorf Association is a registered charity in United States, based in West Kingston, RI. It received its IRS tax-exemption ruling in December 1979, 47 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, Meadowbrook Waldorf Association reported income of $1.9m and spending of $1.6m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.9m to $1.9m (-35%), an average of -10% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadowbrook Waldorf Association 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 85th percentile, and in the 82nd percentile within RI. Charities of a similar size with the same main cause include Tennessee Future Farmers of America Foundation Inc ($1.9m), Constellation Schools Eastside Arts Academy ($1.9m) and Wood Rose Academy ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $92k (5.6% of expenses). Other salaries and wages came to $853k. At year end it held assets of $9.5m against liabilities of $2.2m, net assets of $7.2m. It reported 47 employees.