Ashwood Waldorf School

Analysis

Ashwood Waldorf School is a registered charity in United States, based in Rockport, ME. It received its IRS tax-exemption ruling in June 1986, 40 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, Ashwood Waldorf School reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $972k to $1.1m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashwood Waldorf School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within ME. Charities of a similar size with the same main cause include Drug Education Council Inc ($1.1m), Edward a Myerberg ($1.1m) and Mission Centers of Houston ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Other salaries and wages came to $572k. At year end it held assets of $1.7m against liabilities of $661k, net assets of $1.0m. It reported 26 employees.