Timothy Society for Christian Instruction Inc
Analysis
Timothy Society for Christian Instruction Inc is a registered charity in United States, based in Wellsburg, IA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Timothy Society for Christian Instruction Inc reported income of $779k and spending of $546k, leaving 30% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $451k to $779k (+73%), an average of +15% a year. The sharpest change came in the year to May 2024, when income rose by 48%. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Timothy Society for Christian Instruction Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include Friendship Circle of Greater Fort Lauderdale ($779k), Christian Institute of Arts and Sciences Inc ($779k) and Anthology Film Archives ($779k).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 45% and program service revenue 51% of the total. Other salaries and wages came to $355k. At year end it held assets of $651k against liabilities of $5,070, net assets of $646k. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 51%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friendship Circle of Greater Fort Lauderdale | Ft Lauderdale | $779k |
| Christian Institute of Arts and Sciences Inc | Pensacola | $779k |
| Anthology Film Archives | New York | $779k |
| Liberty Christian School | Redding | $779k |