Suncoast Waldorf Association Inc

Analysis

Suncoast Waldorf Association Inc is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in August 1993, 33 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 July 2023, Suncoast Waldorf Association Inc reported income of $2.0m and spending of $1.7m, spending 84% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.2m to $2.0m (+59%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 77%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suncoast Waldorf Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include All Square ($2.0m), Boy Scouts of America ($2.0m) and Luna Kids Dance Inc ($2.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $95k (5.7% of expenses). Other salaries and wages came to $886k. At year end it held assets of $2.7m against liabilities of $1.5m, net assets of $1.2m. It reported 46 employees.