Corporation of St Timothys School

Analysis

Corporation of St Timothys School is a registered charity in United States, based in Stevenson, MD. It received its IRS tax-exemption ruling in February 1937, 89 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 June 2023, Corporation of St Timothys School reported income of $13.1m and spending of $13.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $13.1m (+2.7%), an average of +0.7% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corporation of St Timothys School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Vista Foundation ($13.1m), Lena Foundation ($13.1m) and Omar D Blair an Edison K-8 Charter ($13.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $684k (5.0% of expenses). At year end it held assets of $44.7m against liabilities of $2.6m, net assets of $42.1m. It reported 108 employees.