Regents of the University of Minnesota

Analysis

Regents of the University of Minnesota is a registered charity in United States, based in St James, 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 $62k and spending of $45k, leaving 28% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $34k to $62k (+81%), an average of +81% a year. The sharpest change came in the year to September 2023, when income rose by 81%. Over the whole period it spent 78% 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 Charlia Frank Inc ($62k), Round Lake Area Schools Fine Arts Boosters ($62k) and National High School Baseball Coaches Association ($62k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 32% and program service revenue 31% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.