Tim Sheets Ministries Inc

Analysis

Tim Sheets Ministries Inc is a registered charity in United States, based in Middletown, OH. It received its IRS tax-exemption ruling in September 2011, 15 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, Tim Sheets Ministries Inc reported income of $552k and spending of $315k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $240k to $552k (+130%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 45% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tim Sheets Ministries Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include 1012 Sports Inc ($552k), Lamp Ministry Inc ($552k) and Dwell Global ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 55% of the total. Other salaries and wages came to $231k. At year end it held assets of $1.0m against liabilities of $145, net assets of $1.0m.