Timothy Two Project International

Analysis

Timothy Two Project International is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in March 2013, 13 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, Timothy Two Project International reported income of $707k and spending of $717k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $707k (+147%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Timothy Two Project International sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include New Heart Music Ministries ($707k), Impact Alliance ($708k) and Sri Guru Singh Sabha Inc ($707k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $285k. At year end it held assets of $190k against liabilities of $12k, net assets of $178k. It reported 8 employees.