City of Lakes Waldorf School

Analysis

City of Lakes Waldorf School is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1990, 36 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, City of Lakes Waldorf School reported income of $4.8m and spending of $5.1m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $4.8m (+17%), an average of +4.0% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City of Lakes Waldorf School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Susie King Taylor Community School Inc ($4.8m), The Moog Center for Deaf Education ($4.8m) and Liberty Christian School of the Tri-Cities ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $241k (4.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.1m against liabilities of $1.2m, net assets of $2.8m. It reported 98 employees.