Regents of the University of Minnesota
Analysis
Regents of the University of Minnesota is a registered charity in United States, based in Owatonna, 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 $101k and spending of $89k, spending 88% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $101k to $101k (+0.4%), an average of +0.4% 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 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Central Florida Youth in Agriculture ($101k), National Charity League Inc Sunflower Chapter ($101k) and Triple Threat Foundation ($101k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 64% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 64%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Central Florida Youth in Agriculture | Lakeland | $101k |
| National Charity League Inc Sunflower Chapter | McKinney | $101k |
| Triple Threat Foundation | Bala Cynwyd | $101k |
| Christian Okoye Foundation | Alta Loma | $101k |