Waldorf Association of Portland Inc

Analysis

Waldorf Association of Portland Inc is a registered charity in United States, based in Milwaukie, OR. It received its IRS tax-exemption ruling in March 1983, 43 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 Association of Portland Inc reported income of $5.1m and spending of $4.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.1m (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waldorf Association of Portland Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Educare of West Dupage ($5.1m), South Bend Empowerment Zone ($5.1m) and Olympus International Academy ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $437k (9.4% of expenses). Other salaries and wages came to $2.2m. It paid $54k in professional fundraising fees. At year end it held assets of $8.6m against liabilities of $5.4m, net assets of $3.2m. It reported 97 employees.