Walden School

Analysis

Walden School is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in October 2004, 22 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 School reported income of $5.5m and spending of $4.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $5.5m (+41%), an average of +8.9% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walden School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within UT. Charities of a similar size with the same main cause include Noah Webster Academy Inc ($5.5m), Golden Valley Charter School ($5.5m) and Frederick Classical Charter School Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $9.4m against liabilities of $4.3m, net assets of $5.0m. It reported 151 employees.