University of Minnesota Student Section of the Society of Women

Analysis

University of Minnesota Student Section of the Society of Women is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2012, 14 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, University of Minnesota Student Section of the Society of Women reported income of $69k and spending of $67k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $40k to $69k (+73%), an average of +74% a year. The sharpest change came in the year to June 2024, when income rose by 73%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of Minnesota Student Section of the Society of Women sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Friends of Andover Memorial Hall Library ($69k), Rocky Hill Cooperative Nursery School Inc ($69k) and Colorado Environmental Certification & Training Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.