Timber Creek Charities

Analysis

Timber Creek Charities is a registered charity in United States, based in Guthrie Ctr, IA. It received its IRS tax-exemption ruling in February 2002, 24 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, Timber Creek Charities reported income of $105k and spending of $120k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $105k (-7.3%), an average of -7.3% a year. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Timber Creek Charities sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include The Opus Foundation ($105k), Lighting the Way Outreach ($105k) and True Joy Community Program ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.