Regents of the University of Minnesota
Analysis
Regents of the University of Minnesota is a registered charity in United States, based in Alexandria, 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 $118k and spending of $108k, spending 91% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $80k to $118k (+48%), an average of +48% a year. The sharpest change came in the year to September 2023, when income rose by 48%. Over the whole period it spent 98% 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 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Westwood Youth Development Inc ($118k), Greater Hempstead Civic Club Inc ($118k) and Ko-Op for Kids ($118k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 58% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 58%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Westwood Youth Development Inc | Memphis | $118k |
| Greater Hempstead Civic Club Inc | Hampstead | $118k |
| Ko-Op for Kids | LA Vernia | $118k |
| Catskill Soccer Club Inc | Catskill | $118k |