Santa Cruz Waldorf School Assn

Analysis

Santa Cruz Waldorf School Assn is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in April 1978, 48 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 July 2023, Santa Cruz Waldorf School Assn reported income of $3.7m and spending of $4.1m, spending 110% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.7m to $3.7m (+38%), an average of +8.3% a year. The sharpest change came in the year to July 2023, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Santa Cruz Waldorf School Assn sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include The Oliveran School Inc ($3.7m), A Knock at Midnight Inc ($3.7m) and Gordon Parks Elementary School ($3.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $266k (6.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.2m against liabilities of $1.0m, net assets of $193k. It reported 58 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.