Waldorf Institute of Southern California

Analysis

Waldorf Institute of Southern California is a registered charity in United States, based in Northridge, CA. It received its IRS tax-exemption ruling in March 1975, 51 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 August 2023, Waldorf Institute of Southern California reported income of $336k and spending of $357k, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $380k to $336k (-12%), an average of -3.0% a year. The sharpest change came in the year to August 2021, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waldorf Institute of Southern California sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include North Myrtle Beach Rescue Squad ($336k), Community Radio Inc ($336k) and North Gulf Oceanic Society ($336k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $95k (27% of expenses). Other salaries and wages came to $152k. At year end it held assets of $138k against liabilities of $2,113, net assets of $136k. It reported 44 employees.