Regents of the University of Minnesota

Analysis

Regents of the University of Minnesota is a registered charity in United States, based in Fairmont, 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 $169k and spending of $111k, leaving 35% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $153k to $169k (+10%), an average of +10% a year. Over the whole period it spent 71% 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 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Byron Center Christian School Foundation ($169k), Interboro Hornets ($169k) and Outdoor Youth Association ($169k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 74% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.