South Baylo University

Analysis

South Baylo University is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in February 1981, 45 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, South Baylo University reported income of $3.0m and spending of $5.0m, spending 165% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $7.9m to $3.0m (-61%), an average of -27% a year. The sharpest change came in the year to June 2020, when income dropped by 57%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Baylo University sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Alumni Association School of Medicine Loma Linda University ($3.0m), Prairie Creek Community School ($3.1m) and Challenge Program ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 81% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $7.7m against liabilities of $3.2m, net assets of $4.4m. It reported 89 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.