Waldorf Association of Whatcom County

Analysis

Waldorf Association of Whatcom County is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in August 1988, 38 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, Waldorf Association of Whatcom County reported income of $2.1m and spending of $2.1m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.7m to $2.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to July 2022, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waldorf Association of Whatcom County 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 87th percentile within WA. Charities of a similar size with the same main cause include Richard Laylord Evans and Dorothy L Evans Foundation ($2.1m), United Way of Northwest Louisiana ($2.1m) and Cities in Schools Aurora 2000 Inc ($2.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 88% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.2m against liabilities of $1.3m, net assets of -$118k. It reported 90 employees.