Pacific States University

Analysis

Pacific States University is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1939, 87 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 September 2024, Pacific States University reported income of $1.2m and spending of $879k, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2024, income grew from $1.1m to $1.2m (+3.1%), an average of +0.8% a year. The sharpest change came in the year to September 2024, when income rose by 97%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pacific States University sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Bhindi Foundation ($1.2m), Orange Education Foundation Inc ($1.2m) and Rock Academy Inc ($1.2m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $141k (16% of expenses). Other salaries and wages came to $279k. At year end it held assets of $1.9m against liabilities of $1.6m, net assets of $305k. It reported 20 employees.