Southern California School of Theology

Analysis

Southern California School of Theology is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1957, 69 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, Southern California School of Theology reported income of $8.2m and spending of $10.1m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.8m to $8.2m (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern California School of Theology sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Compass Charter School ($8.2m), Urban Academy ($8.2m) and Providence Academy ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $354k (3.5% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $32.4m against liabilities of $16.6m, net assets of $15.8m. It reported 122 employees.