Regents of the University of Minnesota
Analysis
Regents of the University of Minnesota is a registered charity in United States, based in Ortonville, MN. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Regents of the University of Minnesota reported income of $64k and spending of $67k, spending 106% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $63k to $64k (+1.3%), an average of +1.3% a year. Over the whole period it spent 105% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Regents of the University of Minnesota sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Gate Youth Center ($64k), Bstem Project Foundation ($64k) and Viking Theater Booster Club ($64k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 14% and program service revenue 52% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 52%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gate Youth Center | Hamilton | $64k |
| Bstem Project Foundation | Studio City | $64k |
| Viking Theater Booster Club | Bryan | $64k |
| Butte County Youth Sports and Education Foundation | Chico | $64k |