Waldorf School of Pittsburgh

Analysis

Waldorf School of Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Waldorf School of Pittsburgh reported income of $2.5m and spending of $2.1m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $2.5m (+27%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 91% 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 Pittsburgh sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($2.5m), Columbia Housing Authority Developments Inc ($2.5m) and Colorado Childrens Campaign Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $153k (7.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.7m against liabilities of $1.4m, net assets of $1.3m. It reported 55 employees.