Pacific Coast University School of Law

Analysis

Pacific Coast University School of Law is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 1935, 91 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 July 2023, Pacific Coast University School of Law reported income of $355k and spending of $892k, spending 251% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.3m to $355k (-72%), an average of -28% a year. The sharpest change came in the year to July 2021, when income dropped by 41%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pacific Coast University School of Law sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Highland High School Cheer Booster ($355k), Tiferes Golda Inc ($355k) and Hitec Foundation ($355k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.1% and program service revenue 108% of the total. Compensation of current officers, directors and key employees was $174k (20% of expenses). Other salaries and wages came to $259k. At year end it held assets of $2.0m against liabilities of $2.3m, net assets of -$228k. It reported 16 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.