International University and Theological Seminary

Analysis

International University and Theological Seminary is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1941, 85 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, International University and Theological Seminary reported income of $273k and spending of $271k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2024, income fell from $281k to $273k (-2.9%), an average of -1.0% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International University and Theological Seminary sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Molokan Elementary School Endowment ($273k), Mountain Top Ministries Inc ($273k) and Guru Nanak Sikh Mission ($273k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.8% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $52k (19% of expenses). Other salaries and wages came to $71k. At year end it held assets of $50k against liabilities of $108k, net assets of -$58k.