Timber Pointe Charitable Foundation Inc

Analysis

Timber Pointe Charitable Foundation Inc is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Timber Pointe Charitable Foundation Inc reported income of $173k and spending of $117k, leaving 32% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $137k to $173k (+26%), an average of +26% a year. The sharpest change came in the year to August 2023, when income rose by 26%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Timber Pointe Charitable Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Catholic Education for Youth Foundation Inc ($173k), Stockyard Saloon Foundation ($173k) and Boundless Impact ($173k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $538k against liabilities of $0, net assets of $538k.