Regina Foundation

Analysis

Regina Foundation is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Regina Foundation reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.4m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2020, when income rose by 298%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Regina Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Madina Academy Inc ($1.4m), Friends of Saint Paul College ($1.4m) and Longhouse Reserve ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $167k. At year end it held assets of $11.4m against liabilities of $768k, net assets of $10.6m. It reported 2 employees.