Waldorf School of Louisville Inc
Analysis
Waldorf School of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1992, 34 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, Waldorf School of Louisville Inc reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.8m (+75%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 79% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Waldorf School of Louisville Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include Moody Methodist Day School ($1.8m), Morningside Montessori School Association ($1.8m) and Mid-South Christian College ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $43k (2.5% of expenses). Other salaries and wages came to $951k. At year end it held assets of $1.8m against liabilities of $473k, net assets of $1.3m. It reported 46 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 68%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Moody Methodist Day School | Galveston | $1.8m |
| Morningside Montessori School Association | New York | $1.8m |
| Mid-South Christian College | Memphis | $1.8m |
| Project Stay Scholarships to Able Youth | San Antonio | $1.8m |