Timothys Ministry

Analysis

Timothys Ministry is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Timothys Ministry reported income of $207k and spending of $196k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $206k to $207k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Timothys Ministry sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Fulaa Lifeline International ($207k), Dixon Area Caring Center Inc ($207k) and Birth Companions Community Center ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $413k against liabilities of $673, net assets of $412k.