Mentoring Timothy Inc

Analysis

Mentoring Timothy Inc is a registered charity in United States, based in Clinton, MT. It received its IRS tax-exemption ruling in May 2015, 11 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, Mentoring Timothy Inc reported income of $315k and spending of $360k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $394k to $315k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mentoring Timothy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MT. Charities of a similar size with the same main cause include The Momentum Group ($315k), Atlas of Lyon County ($315k) and Arch Bishop Fulton John Sheen Foundation ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $95k (26% of expenses). Other salaries and wages came to $34k. At year end it held assets of $912k against liabilities of $11k, net assets of $901k. It reported 2 employees.