Mountain Laurel Waldorf School Inc

Analysis

Mountain Laurel Waldorf School Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in February 1984, 42 years ago. 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, Mountain Laurel Waldorf School Inc reported income of $2.7m and spending of $2.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.7m (+73%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mountain Laurel Waldorf School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include National Council on Alcoholism and Drug Dependence of Middlesex ($2.7m), Aurora of Central New York Inc ($2.7m) and Community Impact NC Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 66% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $2.4m against liabilities of $1.5m, net assets of $847k. It reported 55 employees.