Regents of the University of Minnesota
Analysis
Regents of the University of Minnesota is a registered charity in United States, based in Foley, 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 $78k and spending of $84k, spending 108% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $86k to $78k (-8.7%), an average of -8.7% a year. Over the whole period it spent 91% 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 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Perrysburg Hockey Association ($78k), Central Virginia Burn Camp ($78k) and Key Youth Inc ($78k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 71% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 71%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Perrysburg Hockey Association | Perrysburg | $78k |
| Central Virginia Burn Camp | Charlottesvle | $78k |
| Key Youth Inc | Troy | $78k |
| Montgomery Cotillion | Montgomery | $78k |