Thistle Waithe Learning Center Inc

Analysis

Thistle Waithe Learning Center Inc is a registered charity in United States, based in Katonah, NY. It received its IRS tax-exemption ruling in September 2001, 25 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 December 2023, Thistle Waithe Learning Center Inc reported income of $2.1m and spending of $2.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.1m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thistle Waithe Learning Center 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 83rd percentile within NY. Charities of a similar size with the same main cause include Academia de Les Lletres I Belles Arts ($2.1m), Tierra Pacifica Charter School ($2.1m) and Chapel Hill Cooperative Preschool ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $228k (11% of expenses). At year end it held assets of $2.6m against liabilities of $8,763, net assets of $2.6m. It reported 30 employees.