Waldos and Company

Analysis

Waldos and Company is a registered charity in United States, based in Gettysburg, PA. It received its IRS tax-exemption ruling in July 2015, 11 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Waldos and Company reported income of $164k and spending of $154k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $164k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Waldos and Company sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Vegas City Opera ($164k), Rehearsal Club ($164k) and Chelsea Fund for Education Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $52k (34% of expenses). Other salaries and wages came to $15k. At year end it held assets of $69k against liabilities of $5,828, net assets of $63k. It reported 8 employees.