Island Waldorf Community Inc

Analysis

Island Waldorf Community Inc is a registered charity in United States, based in West Tisbury, MA. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Island Waldorf Community Inc reported income of $487k and spending of $430k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $557k to $487k (-12%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 59% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Island Waldorf Community Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Friends of the Children Tacoma ($487k), Kid Power Inc ($487k) and Most Valuable Kids of Greater Cincinnati Inc ($487k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $162k (38% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.3m against liabilities of $468k, net assets of $860k. It reported 7 employees.