Regents of the University of Minnesota

Analysis

Regents of the University of Minnesota is a registered charity in United States, based in Austin, 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 $142k and spending of $125k, spending 88% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $170k to $142k (-16%), an average of -16% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 68% 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 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Matts Maker Space Inc ($142k), Exodus Farms Ministry ($143k) and Space Coast Association of Realtors Foundation Inc ($142k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 8.8% and program service revenue 80% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.