Timothy Smith Network Inc

Analysis

Timothy Smith Network Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Timothy Smith Network Inc reported income of $1.1m and spending of $813k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.1m (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2020, when income dropped by 32%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Timothy Smith Network Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Unity Christian Academy ($1.1m), Temple Grandin School ($1.1m) and Assoc of Black Gastroenterologists and Hepatologists Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $146k (18% of expenses). Other salaries and wages came to $308k. It paid $55k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $49k, net assets of $1.0m.