Waldorf Association Santa Barbara

Analysis

Waldorf Association Santa Barbara is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Waldorf Association Santa Barbara reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.9m (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waldorf Association Santa Barbara sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Oak Hill Charter School ($1.9m), Mingus Springs Charter School Inc ($1.9m) and Lake Eola Charter School Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $71k (3.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $600k against liabilities of $283k, net assets of $318k. It reported 31 employees.