Regents of the University of Minnesota
Analysis
Regents of the University of Minnesota is a registered charity in United States, based in Mantorville, 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 $110k and spending of $94k, spending 85% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $109k to $110k (+1.8%), an average of +1.8% a year. Over the whole period it spent 86% 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 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Lets Grow Steamx Inc ($110k), Young Riders Inc ($110k) and Saginaw S T E M ($110k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 10.0% and program service revenue 81% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.
Income and spending
Where the income comes from
- Contributions & grants 10.0%
- Program services 81%
- Other 9.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lets Grow Steamx Inc | Columbus | $110k |
| Young Riders Inc | Park City | $110k |
| Saginaw S T E M | Saginaw | $110k |
| Kidnuz | Alamo | $111k |