Timothy Christian Schools

Analysis

Timothy Christian Schools is a registered charity in United States, based in Elmhurst, IL. It received its IRS tax-exemption ruling in May 1957, 69 years ago. 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 Christian Schools reported income of $22.1m and spending of $18.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.2m to $22.1m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Timothy Christian Schools sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Worldatwork ($22.1m), Episcopal-Catholic Apartments Inc ($22.1m) and Progressive Life Center Inc ($22.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $453k (2.4% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $51.0m against liabilities of $5.7m, net assets of $45.3m. It reported 259 employees.