Waterford Country School Incorporated

Analysis

Waterford Country School Incorporated is a registered charity in United States, based in Quaker Hill, CT. It received its IRS tax-exemption ruling in September 1970, 56 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, Waterford Country School Incorporated reported income of $13.9m and spending of $12.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.6m to $13.9m (-10%), an average of -2.7% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waterford Country School Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Earlham Foundation ($13.9m), Orchard School Foundation Inc ($13.9m) and Murray Edwards College ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $379k (3.0% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $12.2m against liabilities of $2.5m, net assets of $9.7m. It reported 211 employees.