Waldorf in North Coastal Inc

Analysis

Waldorf in North Coastal Inc is a registered charity in United States, based in Vista, CA. It received its IRS tax-exemption ruling in September 1999, 27 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, Waldorf in North Coastal Inc reported income of $3.5m and spending of $3.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.6m to $3.5m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to June 2020, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waldorf in North Coastal Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Harvard Avenue Community School ($3.5m), Cloud County Community College Foundation ($3.5m) and Wisconsin Virtual Learning Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $169k (4.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.0m against liabilities of $3.2m, net assets of $1.8m. It reported 42 employees.