Sea Star Waldorf School Initiative

Analysis

Sea Star Waldorf School Initiative is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sea Star Waldorf School Initiative reported income of $1.9m and spending of $1.4m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.9m (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 154%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sea Star Waldorf School Initiative 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 87th percentile within FL. Charities of a similar size with the same main cause include Massachusetts School Administrators Association Inc ($1.9m), Emmanuel Christian School Incorporated ($1.9m) and Empowher Institute Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $812k. At year end it held assets of $978k against liabilities of $266k, net assets of $712k. It reported 13 employees.