Corvallis Waldorf Association
Analysis
Corvallis Waldorf Association is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in August 1996, 30 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, Corvallis Waldorf Association reported income of $1.8m and spending of $1.8m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $1.8m (+7.7%), an average of +2.5% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Corvallis Waldorf Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Renaissance West Community Initiative ($1.8m), Ohca Educational Foundation ($1.8m) and Fishtank Learning Inc ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $171k (9.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.0m against liabilities of $1.3m, net assets of $1.7m. It reported 45 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 86%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Renaissance West Community Initiative | Charlotte | $1.8m |
| Ohca Educational Foundation | Westerville | $1.8m |
| Fishtank Learning Inc | Jamaica Plain | $1.8m |
| Team Academy | Waseca | $1.8m |