Ithaca Waldorf School

Analysis

Ithaca Waldorf School is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in March 1994, 32 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, Ithaca Waldorf School reported income of $768k and spending of $797k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $876k to $768k (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ithaca Waldorf School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Montessori School of Baton Rouge Inc ($767k), American Federation of Teachers Educational Foundation ($768k) and Star Kids Scholarship Program ($767k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $425k. At year end it held assets of $1.9m against liabilities of $1.1m, net assets of $793k. It reported 46 employees.