Timothy International

Analysis

Timothy International is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Timothy International reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $610k to $1.4m (+125%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Timothy International sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Downline Ministries ($1.4m), Abbas Heart Ministries Inc ($1.4m) and St Thomas Missionary Baptist Church Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $195k (15% of expenses). At year end it held assets of $254k against liabilities of $4,801, net assets of $250k. It reported 4 employees.