Regents of the University of Minnesota

Analysis

Regents of the University of Minnesota is a registered charity in United States, based in Lakefield, 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 $97k and spending of $49k, leaving 50% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $127k to $97k (-24%), an average of -24% a year. The sharpest change came in the year to September 2023, when income dropped by 24%. Over the whole period it spent 69% 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 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Champlin Park Band Association ($97k), Operation Step-Up ($97k) and Torrington Youth Soccer Inc ($97k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.