Town and Gown of the University of Southern California

Analysis

Town and Gown of the University of Southern California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Town and Gown of the University of Southern California reported income of $749k and spending of $577k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $704k to $749k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Town and Gown of the University of Southern California sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Upstream Education Inc ($749k), Young Entrepreneurs Organization ($749k) and Christ School Inc ($749k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $50k. At year end it held assets of $3.5m against liabilities of $61k, net assets of $3.4m. It reported 2 employees.