Haleakala Waldorf School

Analysis

Haleakala Waldorf School is a registered charity in United States, based in Kula, HI. It received its IRS tax-exemption ruling in March 1973, 53 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, Haleakala Waldorf School reported income of $4.8m and spending of $5.3m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.8m to $4.8m (-1.4%), an average of -0.4% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Haleakala Waldorf School 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 HI. Charities of a similar size with the same main cause include Sunflowers Academy Inc ($4.8m), Smart Start of Davidson County Inc ($4.8m) and Longleaf School of the Arts ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $120k (2.3% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $2.8m against liabilities of $1.1m, net assets of $1.6m. It reported 77 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.