Walden Academy Inc

Analysis

Walden Academy Inc is a registered charity in United States, based in Willows, CA. It received its IRS tax-exemption ruling in April 2013, 13 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, Walden Academy Inc reported income of $3.4m and spending of $2.6m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.4m (+81%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walden Academy 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 Island Academy Inc ($3.4m), Delta College Foundation ($3.4m) and Community Government Association of Bloomsburg University of Pa ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $209k (7.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.8m against liabilities of $1.3m, net assets of $2.5m. It reported 55 employees.