Waldorf School of Baltimore

Analysis

Waldorf School of Baltimore is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 1973, 53 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, Waldorf School of Baltimore reported income of $4.2m and spending of $4.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.2m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waldorf School of Baltimore sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Baltimore School for the Arts FDN Inc ($4.2m), Lakeshore Cap Inc of Wisconsin ($4.2m) and Christopher Homes Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $221k (5.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $7.3m against liabilities of $1.1m, net assets of $6.3m. It reported 92 employees.