Walden Foundation Inc

Analysis

Walden Foundation Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in March 1961, 65 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 August 2023, Walden Foundation Inc reported income of $1.7m and spending of $1.8m, spending 107% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $1.8m to $1.7m (-6.1%), an average of -2.1% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walden Foundation Inc 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 85th percentile within CA. Charities of a similar size with the same main cause include Providence Athenaeum ($1.7m), West Suburban Montessori School Inc ($1.7m) and Peak Programs Inc ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $170k (9.4% of expenses). Other salaries and wages came to $788k. At year end it held assets of $4.2m against liabilities of $657k, net assets of $3.5m. It reported 31 employees.