Southern California Seminary

Analysis

Southern California Seminary is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in April 1949, 77 years ago. 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 August 2023, Southern California Seminary reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.6m to $2.7m (+2.9%), an average of +0.7% a year. The sharpest change came in the year to August 2023, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern California Seminary sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Certified Medical Representatives Institute Inc ($2.7m), Boy Scouts of America ($2.7m) and Fox Valley Technical College Foundation Inc ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $212k (8.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.1m against liabilities of $488k, net assets of $659k. It reported 41 employees.