Waldessori Schoolhouse

Analysis

Waldessori Schoolhouse is a registered charity in United States, based in Melissa, TX. It received its IRS tax-exemption ruling in January 2020, 6 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 July 2023, Waldessori Schoolhouse reported income of $333k and spending of $341k, spending 103% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $209k to $333k (+59%), an average of +59% a year. The sharpest change came in the year to July 2023, when income rose by 59%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waldessori Schoolhouse sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Terrell Isd Excellence Foundation ($333k), Seminole Coconut Creek Education Foundation Inc ($333k) and City on a Hill Foundation Inc ($333k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $13k (3.7% of expenses). Other salaries and wages came to $166k. It paid $4,451 in professional fundraising fees. At year end it held assets of $15k against liabilities of $15k, net assets of $188. It reported 10 employees.