T I M E Organization Inc
Analysis
T I M E Organization Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, T I M E Organization Inc reported income of $31.7m and spending of $24.1m, leaving 24% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income grew from $17.8m to $31.7m (+78%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 82% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, T I M E Organization Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Sandy Hook Promise Foundation ($31.6m), Make the Road New York ($31.8m) and Purpose Dignity Action ($31.1m).
On its Form 990 for the period ending December 2022, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $455k (1.9% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $22.6m against liabilities of $8.0m, net assets of $14.6m. It reported 480 employees.
Income and spending
Where the income comes from
- Program services 94%
- Other 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sandy Hook Promise Foundation | Newtown | $31.6m |
| Make the Road New York | Brooklyn | $31.8m |
| Purpose Dignity Action | Seattle | $31.1m |
| Refugee & Immigrant Center for Education & Legal Services | San Antonio | $32.6m |