Richmond Waldorf School

Analysis

Richmond Waldorf School is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1990, 36 years ago. 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, Richmond Waldorf School reported income of $2.8m and spending of $2.6m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $2.8m (+27%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richmond Waldorf School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include James V Brown Lib Endow FD ($2.8m), The Sheepfold ($2.8m) and Ronald McDonald House Charities of Ann Arbor ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $113k (4.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.5m against liabilities of $2.1m, net assets of $1.3m. It reported 59 employees.