Walden School

Analysis

Walden School is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Walden School reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $963k to $1.2m (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2021, when income rose by 83%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Walden School 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 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include State Theatre of Ithaca Inc ($1.2m), Clark County Historical Society ($1.2m) and Phoenix Childrens Chorus Inc ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $100k (8.5% of expenses). Other salaries and wages came to $272k. At year end it held assets of $993k against liabilities of $302k, net assets of $690k. It reported 39 employees.