The Timothy Initiative Inc

Analysis

The Timothy Initiative Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 2025. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Timothy Initiative Inc reported income of $22.7m and spending of $21.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.2m to $22.7m (+147%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Timothy Initiative Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include North American Catholic Educational Programming Foundation Inc ($22.5m), Glory of Zion International Ministries Inc ($22.7m) and Lutheran Social Services of the Southwest ($22.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $437k (2.0% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $28.4m against liabilities of $1.1m, net assets of $27.3m. It reported 52 employees.