Friends of the Waltham Family School Inc

Analysis

Friends of the Waltham Family School Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of the Waltham Family School Inc reported income of $194k and spending of $155k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $157k to $194k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Waltham Family School Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Schoolcraft Community Library Inc ($194k), Bolts Booster Club ($194k) and The Afghan Academy Inc ($194k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $610k against liabilities of $0, net assets of $610k.