Regents of the University of Minnesota

Analysis

Regents of the University of Minnesota is a registered charity in United States, based in Le Center, 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 $103k and spending of $60k, leaving 41% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $91k to $103k (+13%), an average of +13% a year. Over the whole period it spent 66% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Broome County High School Hockey Association Ltd ($103k), Garrett Dunsmoor Memorial Foundation Inc ($103k) and Sons of Phoenix Corporation ($103k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 8.4% and program service revenue 67% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.