Northern Virgina Waldorf School Dba Potomac Crescent Waldorf SCH

Analysis

Northern Virgina Waldorf School Dba Potomac Crescent Waldorf SCH is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 2000, 26 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, Northern Virgina Waldorf School Dba Potomac Crescent Waldorf SCH reported income of $1.0m and spending of $1.4m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $819k to $1.0m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northern Virgina Waldorf School Dba Potomac Crescent Waldorf SCH sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include American Friends of Christ Church Inc ($1.0m), Fort Worth Pipe Trades Training Center TR ($1.0m) and Over the Rainbow Nursery School Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. Other salaries and wages came to $871k. At year end it held assets of $3.3m against liabilities of $3.4m, net assets of -$120k. It reported 30 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.