Asheville Waldorf School Inc

Analysis

Asheville Waldorf School Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in March 2011, 15 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, Asheville Waldorf School Inc reported income of $1.3m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $969k to $1.3m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asheville Waldorf School Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Minnesota Section Pga Foundation ($1.3m), Visible Men Academy Inc ($1.3m) and Southcentral Kentucky Community & Technical College Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $50k (3.1% of expenses). Other salaries and wages came to $958k. At year end it held assets of $536k against liabilities of $43k, net assets of $493k. It reported 37 employees.