The Walden School Inc
Analysis
The Walden School Inc is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in October 1969, 57 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, The Walden School Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.3m (+3.8%), an average of +0.9% a year. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Walden School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include The Lighthouse School ($2.3m), Nantucket Lighthouse School Inc ($2.3m) and Allegiance Academy Inc ($2.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $129k (5.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $887k, net assets of $1.2m. It reported 39 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.2%
- Program services 95%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Lighthouse School | Coos Bay | $2.3m |
| Nantucket Lighthouse School Inc | Nantucket | $2.3m |
| Allegiance Academy Inc | Euless | $2.3m |
| Access Academies | Saint Louis | $2.3m |