Quantum-Veritas International University Systems

Analysis

Quantum-Veritas International University Systems is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in August 1976, 50 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 December 2023, Quantum-Veritas International University Systems reported income of $146k and spending of $138k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $146k (-3.0%), an average of -3.0% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Quantum-Veritas International University Systems sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Friends of Ravenswood School ($146k), TWCP Reveliers Booster Club Inc ($146k) and Khatib Bridge and Education of Palm City Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.