Timothy School Corp

Analysis

Timothy School Corp is a registered charity in United States, based in Berwyn, PA. It received its IRS tax-exemption ruling in May 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Timothy School Corp reported income of $7.4m and spending of $6.9m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $7.4m (+18%), an average of +4.3% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Timothy School Corp sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Westminster School Inc ($7.4m), Clarksdale Collegiate ($7.4m) and Church Farm School ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $250k (3.6% of expenses). Other salaries and wages came to $4.1m. It paid $7,240 in professional fundraising fees. At year end it held assets of $9.4m against liabilities of $2.5m, net assets of $6.9m. It reported 117 employees.