Tucson Waldorf Education Association Inc

Analysis

Tucson Waldorf Education Association Inc is a registered charity in United States, based in Tucson, AZ. 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 June 2023, Tucson Waldorf Education Association Inc reported income of $2.9m and spending of $2.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.9m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tucson Waldorf Education Association Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Western North Carolina AIDS Project Inc ($2.9m), Adult & Teen Challenge USA ($2.9m) and Berkeley Hillel ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $180k (6.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.9m against liabilities of $2.4m, net assets of $4.4m. It reported 72 employees.