Waldorf School Association of the Princeton Area

Analysis

Waldorf School Association of the Princeton Area is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in January 1986, 40 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, Waldorf School Association of the Princeton Area reported income of $5.0m and spending of $3.8m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $5.0m (+85%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waldorf School Association of the Princeton Area sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Ignite Entrepreneurship Academy Inc ($5.0m), Cliff Park High School ($5.0m) and Montessori Center School at Santa Barbara & Students Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $262k (7.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.2m against liabilities of $430k, net assets of $4.8m. It reported 74 employees.