Timothy Training International NFP

Analysis

Timothy Training International NFP is a registered charity in United States, based in Plainfield, IL. It received its IRS tax-exemption ruling in December 2008, 18 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 Training International NFP reported income of $1.4m and spending of $625k, leaving 55% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $760k to $1.4m (+81%), an average of +13% a year. The sharpest change came in the year to December 2019, when income rose by 37%. Over the whole period it spent 61% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Timothy Training International NFP 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 82nd percentile within IL. Charities of a similar size with the same main cause include Leadership Transformations Inc ($1.4m), Chabad at the University of Wisconsin Inc ($1.4m) and Abbas Heart Ministries Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $144k (23% of expenses). Other salaries and wages came to $47k. At year end it held assets of $4.2m against liabilities of $72k, net assets of $4.1m. It reported 4 employees.